Kestra Advisory Services LLC Decreases Stake in Invesco Variable Rate Preferred ETF $VRP

Kestra Advisory Services LLC lessened its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 24.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,241 shares of the company’s stock after selling 26,816 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.08% of Invesco Variable Rate Preferred ETF worth $1,972,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of VRP. Addison Capital Co boosted its position in Invesco Variable Rate Preferred ETF by 35.5% during the first quarter. Addison Capital Co now owns 156,177 shares of the company’s stock worth $3,745,000 after acquiring an additional 40,886 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in Invesco Variable Rate Preferred ETF by 13.0% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 28,165 shares of the company’s stock valued at $679,000 after acquiring an additional 3,244 shares during the last quarter. Ascentis Independent Advisors purchased a new position in Invesco Variable Rate Preferred ETF in the 1st quarter worth approximately $141,000. Stephens Inc. AR boosted its holdings in shares of Invesco Variable Rate Preferred ETF by 4.6% during the 1st quarter. Stephens Inc. AR now owns 1,478,797 shares of the company’s stock worth $35,462,000 after purchasing an additional 64,978 shares during the last quarter. Finally, World Investment Advisors grew its position in shares of Invesco Variable Rate Preferred ETF by 44.8% in the first quarter. World Investment Advisors now owns 23,591 shares of the company’s stock valued at $566,000 after purchasing an additional 7,298 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Down 0.4%

NYSEARCA:VRP opened at $24.28 on Tuesday. Invesco Variable Rate Preferred ETF has a one year low of $23.71 and a one year high of $24.93. The stock has a 50 day moving average price of $24.34 and a 200 day moving average price of $24.34.

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.