QTR Family Wealth LLC Increases Position in Invesco Variable Rate Preferred ETF $VRP

QTR Family Wealth LLC boosted its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 233.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,000 shares of the company’s stock after acquiring an additional 21,000 shares during the period. QTR Family Wealth LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $735,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Advisory Services Network LLC boosted its holdings in Invesco Variable Rate Preferred ETF by 1.4% in the 3rd quarter. Advisory Services Network LLC now owns 33,782 shares of the company’s stock valued at $834,000 after purchasing an additional 458 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 1.4% in the 2nd quarter. Corient Private Wealth LLC now owns 36,992 shares of the company’s stock worth $904,000 after acquiring an additional 520 shares during the last quarter. Endowment Wealth Management Inc. lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 3.5% in the 4th quarter. Endowment Wealth Management Inc. now owns 16,481 shares of the company’s stock worth $401,000 after acquiring an additional 554 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 2.2% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 30,335 shares of the company’s stock worth $738,000 after acquiring an additional 650 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 7.8% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 9,567 shares of the company’s stock worth $236,000 after acquiring an additional 690 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Up 0.1%

Shares of VRP opened at $24.37 on Friday. Invesco Variable Rate Preferred ETF has a fifty-two week low of $23.71 and a fifty-two week high of $24.93. The firm’s 50 day moving average price is $24.31 and its 200 day moving average price is $24.35.

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.