Transcend Capital Advisors LLC Sells 52,128 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Transcend Capital Advisors LLC lowered its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 62.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,916 shares of the company’s stock after selling 52,128 shares during the period. Transcend Capital Advisors LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $748,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. WealthCare Investment Partners LLC grew its position in Invesco Variable Rate Preferred ETF by 45.7% in the fourth quarter. WealthCare Investment Partners LLC now owns 55,307 shares of the company’s stock valued at $1,341,000 after acquiring an additional 17,348 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 20.4% in the 4th quarter. Private Advisor Group LLC now owns 150,174 shares of the company’s stock worth $3,633,000 after purchasing an additional 25,466 shares in the last quarter. Global Retirement Partners LLC lifted its position in Invesco Variable Rate Preferred ETF by 4.2% in the 4th quarter. Global Retirement Partners LLC now owns 39,985 shares of the company’s stock valued at $967,000 after acquiring an additional 1,612 shares in the last quarter. Beta Wealth Group Inc. lifted its stake in Invesco Variable Rate Preferred ETF by 0.8% during the 4th quarter. Beta Wealth Group Inc. now owns 49,330 shares of the company’s stock valued at $1,193,000 after acquiring an additional 413 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of Invesco Variable Rate Preferred ETF by 7.0% during the 4th quarter. D.A. Davidson & CO. now owns 42,318 shares of the company’s stock worth $1,024,000 after buying an additional 2,750 shares in the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA VRP opened at $24.49 on Friday. Invesco Variable Rate Preferred ETF has a one year low of $23.40 and a one year high of $24.67. The business’s fifty day moving average price is $24.32 and its 200-day moving average price is $24.35.

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.