Roman Butler Fullerton & Co. Trims Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Roman Butler Fullerton & Co. lowered its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 26.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,305 shares of the company’s stock after selling 8,385 shares during the period. Roman Butler Fullerton & Co.’s holdings in Invesco Variable Rate Preferred ETF were worth $548,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Morgan Stanley increased its stake in shares of Invesco Variable Rate Preferred ETF by 34.5% during the fourth quarter. Morgan Stanley now owns 5,755,947 shares of the company’s stock valued at $128,876,000 after buying an additional 1,476,055 shares during the period. UBS Group AG grew its stake in Invesco Variable Rate Preferred ETF by 21.6% in the third quarter. UBS Group AG now owns 2,977,513 shares of the company’s stock valued at $66,607,000 after purchasing an additional 529,617 shares during the last quarter. Wells Fargo & Company MN grew its stake in Invesco Variable Rate Preferred ETF by 3.1% in the second quarter. Wells Fargo & Company MN now owns 2,129,618 shares of the company’s stock valued at $47,384,000 after purchasing an additional 64,482 shares during the last quarter. Advisory Alpha LLC grew its stake in Invesco Variable Rate Preferred ETF by 1.8% in the fourth quarter. Advisory Alpha LLC now owns 1,851,516 shares of the company’s stock valued at $42,735,000 after purchasing an additional 32,876 shares during the last quarter. Finally, LPL Financial LLC grew its stake in Invesco Variable Rate Preferred ETF by 30.4% in the third quarter. LPL Financial LLC now owns 865,770 shares of the company’s stock valued at $19,367,000 after purchasing an additional 201,648 shares during the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.3 %

VRP opened at $23.52 on Friday. The business’s 50-day moving average is $23.62 and its two-hundred day moving average is $23.00. Invesco Variable Rate Preferred ETF has a 1 year low of $21.36 and a 1 year high of $23.87.

Invesco Variable Rate Preferred ETF Company Profile

The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.