Matthew Goff Investment Advisor LLC decreased its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 651,119 shares of the company’s stock after selling 2,351 shares during the quarter. Invesco Variable Rate Preferred ETF accounts for approximately 2.9% of Matthew Goff Investment Advisor LLC’s holdings, making the stock its 11th largest position. Matthew Goff Investment Advisor LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $15,751,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Proficio Capital Partners LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 4.8% during the 3rd quarter. Proficio Capital Partners LLC now owns 9,030 shares of the company’s stock valued at $221,000 after purchasing an additional 415 shares during the period. Truist Financial Corp grew its holdings in Invesco Variable Rate Preferred ETF by 2.4% during the second quarter. Truist Financial Corp now owns 17,776 shares of the company’s stock worth $426,000 after acquiring an additional 421 shares during the period. MFA Wealth Advisors LLC grew its holdings in Invesco Variable Rate Preferred ETF by 2.0% during the third quarter. MFA Wealth Advisors LLC now owns 22,976 shares of the company’s stock worth $562,000 after acquiring an additional 461 shares during the period. B. Riley Wealth Advisors Inc. raised its position in Invesco Variable Rate Preferred ETF by 2.0% in the second quarter. B. Riley Wealth Advisors Inc. now owns 24,188 shares of the company’s stock worth $580,000 after acquiring an additional 481 shares in the last quarter. Finally, Burke & Herbert Bank & Trust Co. lifted its holdings in Invesco Variable Rate Preferred ETF by 0.8% in the 3rd quarter. Burke & Herbert Bank & Trust Co. now owns 59,965 shares of the company’s stock valued at $1,467,000 after acquiring an additional 485 shares during the last quarter.
Invesco Variable Rate Preferred ETF Stock Down 0.0 %
Shares of VRP opened at $24.25 on Friday. The firm’s 50 day moving average is $24.34 and its 200-day moving average is $24.30. Invesco Variable Rate Preferred ETF has a 12-month low of $23.27 and a 12-month high of $24.67.
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.
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