Duncker Streett & Co. Inc. Reduces Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Duncker Streett & Co. Inc. decreased its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 102,101 shares of the company’s stock after selling 10,903 shares during the quarter. Duncker Streett & Co. Inc. owned 0.15% of Invesco Variable Rate Preferred ETF worth $2,470,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VRP. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco Variable Rate Preferred ETF by 3.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 69,069 shares of the company’s stock worth $1,689,000 after buying an additional 2,612 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in Invesco Variable Rate Preferred ETF by 13.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 46,147 shares of the company’s stock worth $1,065,000 after acquiring an additional 5,600 shares during the period. Diversify Wealth Management LLC raised its stake in Invesco Variable Rate Preferred ETF by 40.5% during the 3rd quarter. Diversify Wealth Management LLC now owns 12,391 shares of the company’s stock worth $301,000 after acquiring an additional 3,573 shares during the period. Principal Securities Inc. raised its stake in Invesco Variable Rate Preferred ETF by 10.7% during the 3rd quarter. Principal Securities Inc. now owns 168,993 shares of the company’s stock worth $4,134,000 after acquiring an additional 16,273 shares during the period. Finally, Gladstone Institutional Advisory LLC raised its stake in Invesco Variable Rate Preferred ETF by 2.7% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 45,823 shares of the company’s stock worth $1,121,000 after acquiring an additional 1,207 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

NYSEARCA VRP opened at $24.46 on Friday. Invesco Variable Rate Preferred ETF has a 12 month low of $23.40 and a 12 month high of $24.67. The company’s 50 day moving average is $24.32 and its two-hundred day moving average is $24.37.

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.