Gladstone Institutional Advisory LLC Has $1.14 Million Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Gladstone Institutional Advisory LLC boosted its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,292 shares of the company’s stock after buying an additional 1,469 shares during the period. Gladstone Institutional Advisory LLC owned approximately 0.07% of Invesco Variable Rate Preferred ETF worth $1,144,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Ocean Park Asset Management LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 54.1% during the fourth quarter. Ocean Park Asset Management LLC now owns 610,200 shares of the company’s stock worth $14,761,000 after acquiring an additional 214,300 shares in the last quarter. Stephens Inc. AR boosted its stake in Invesco Variable Rate Preferred ETF by 1.3% during the 4th quarter. Stephens Inc. AR now owns 1,431,932 shares of the company’s stock valued at $34,638,000 after purchasing an additional 17,757 shares during the last quarter. AlphaStar Capital Management LLC increased its holdings in Invesco Variable Rate Preferred ETF by 20.4% during the 4th quarter. AlphaStar Capital Management LLC now owns 108,857 shares of the company’s stock worth $2,633,000 after purchasing an additional 18,418 shares in the last quarter. Advisory Resource Group raised its stake in shares of Invesco Variable Rate Preferred ETF by 3.5% in the fourth quarter. Advisory Resource Group now owns 65,103 shares of the company’s stock worth $1,575,000 after purchasing an additional 2,228 shares during the last quarter. Finally, Silver Oak Securities Incorporated bought a new position in shares of Invesco Variable Rate Preferred ETF in the fourth quarter valued at approximately $598,000.

Invesco Variable Rate Preferred ETF Trading Up 0.2 %

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.43 on Friday. The stock has a fifty day simple moving average of $24.32 and a 200 day simple moving average of $24.33. Invesco Variable Rate Preferred ETF has a 12-month low of $23.40 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.