Boston Family Office LLC Has $5.30 Million Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Boston Family Office LLC cut its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 2.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 216,737 shares of the company’s stock after selling 6,450 shares during the period. Boston Family Office LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $5,301,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VRP. Sanctuary Advisors LLC bought a new position in Invesco Variable Rate Preferred ETF during the 2nd quarter worth about $6,121,000. Ocean Park Asset Management LLC boosted its holdings in Invesco Variable Rate Preferred ETF by 76.1% during the second quarter. Ocean Park Asset Management LLC now owns 395,900 shares of the company’s stock worth $9,486,000 after purchasing an additional 171,100 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Invesco Variable Rate Preferred ETF by 18.7% in the second quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock valued at $23,228,000 after purchasing an additional 152,981 shares in the last quarter. All Season Financial Advisors Inc. bought a new position in shares of Invesco Variable Rate Preferred ETF in the 2nd quarter valued at about $3,285,000. Finally, Ashton Thomas Private Wealth LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 33.7% in the second quarter. Ashton Thomas Private Wealth LLC now owns 431,066 shares of the company’s stock valued at $10,328,000 after acquiring an additional 108,692 shares during the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA VRP opened at $24.40 on Monday. The stock has a 50 day moving average price of $24.47 and a 200 day moving average price of $24.17. Invesco Variable Rate Preferred ETF has a 52 week low of $22.36 and a 52 week 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.