Sanctuary Advisors LLC Grows Stake in Invesco Variable Rate Preferred ETF $VRP

Sanctuary Advisors LLC grew its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 6.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 417,981 shares of the company’s stock after acquiring an additional 25,629 shares during the period. Sanctuary Advisors LLC owned about 0.39% of Invesco Variable Rate Preferred ETF worth $10,023,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VRP. International Assets Investment Management LLC increased its position in Invesco Variable Rate Preferred ETF by 51.4% in the first quarter. International Assets Investment Management LLC now owns 3,180 shares of the company’s stock worth $77,000 after buying an additional 1,080 shares during the last quarter. Diversify Wealth Management LLC lifted its position in shares of Invesco Variable Rate Preferred ETF by 9.7% during the 1st quarter. Diversify Wealth Management LLC now owns 32,615 shares of the company’s stock valued at $792,000 after buying an additional 2,895 shares during the last quarter. Midwest Trust Co grew its stake in shares of Invesco Variable Rate Preferred ETF by 14.7% during the 1st quarter. Midwest Trust Co now owns 52,071 shares of the company’s stock worth $1,249,000 after acquiring an additional 6,656 shares during the period. Fifth Third Bancorp grew its stake in shares of Invesco Variable Rate Preferred ETF by 2,083.5% during the 1st quarter. Fifth Third Bancorp now owns 91,709 shares of the company’s stock worth $2,199,000 after acquiring an additional 87,509 shares during the period. Finally, Addison Capital Co increased its holdings in Invesco Variable Rate Preferred ETF by 35.5% in the 1st 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.

Invesco Variable Rate Preferred ETF Stock Performance

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.38 on Friday. Invesco Variable Rate Preferred ETF has a 52-week low of $23.71 and a 52-week high of $24.93. The stock’s 50-day simple moving average is $24.34 and its 200 day simple moving average is $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.