Synergy Asset Management LLC boosted its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 92.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,174 shares of the company’s stock after purchasing an additional 15,980 shares during the quarter. Synergy Asset Management LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. Coastline Trust Co bought a new stake in Invesco Variable Rate Preferred ETF during the third quarter valued at $142,000. Zhang Financial LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF during the 4th quarter valued at about $202,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF during the 3rd quarter valued at about $213,000. Proficio Capital Partners LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 4.8% during the third quarter. Proficio Capital Partners LLC now owns 9,030 shares of the company’s stock worth $221,000 after purchasing an additional 415 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. purchased a new stake in Invesco Variable Rate Preferred ETF in the third quarter valued at approximately $225,000.
Invesco Variable Rate Preferred ETF Price Performance
VRP stock opened at $24.30 on Thursday. The firm has a 50 day simple moving average of $24.33 and a two-hundred day simple moving average of $24.30. Invesco Variable Rate Preferred ETF has a one year low of $23.32 and a one year high of $24.67.
About Invesco Variable Rate Preferred ETF
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.
See Also
- Five stocks we like better than Invesco Variable Rate Preferred ETF
- Using the MarketBeat Dividend Yield Calculator
- 5 Stocks With Above-Market Yields Just Raised Payments Further
- Trading Stocks: RSI and Why it’s Useful
- Arista Networks’ Stock Plunge: Buying Opportunity for Investors?
- What Are Dividend Champions? How to Invest in the Champions
- As China Tightens Rare Earth Exports, These 3 Stocks Are in Focus
Want to see what other hedge funds are holding VRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report).
Receive News & Ratings for Invesco Variable Rate Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Variable Rate Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
