PNC Financial Services Group Inc. Purchases 2,440 Shares of Invesco Variable Rate Preferred ETF (VRP)

PNC Financial Services Group Inc. grew its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 7.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 33,501 shares of the company’s stock after buying an additional 2,440 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco Variable Rate Preferred ETF were worth $834,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRP. Stratos Wealth Partners LTD. bought a new stake in Invesco Variable Rate Preferred ETF during the third quarter worth $120,000. Hartford Financial Management Inc. bought a new stake in Invesco Variable Rate Preferred ETF during the second quarter worth $290,000. National Asset Management Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 33.1% during the third quarter. National Asset Management Inc. now owns 11,922 shares of the company’s stock worth $297,000 after buying an additional 2,968 shares in the last quarter. Gilman Hill Asset Management LLC bought a new stake in Invesco Variable Rate Preferred ETF during the third quarter worth $386,000. Finally, Whittier Trust Co. grew its holdings in Invesco Variable Rate Preferred ETF by 192.4% during the third quarter. Whittier Trust Co. now owns 15,564 shares of the company’s stock worth $387,000 after buying an additional 10,242 shares in the last quarter.

Shares of Invesco Variable Rate Preferred ETF stock opened at $23.24 on Friday. Invesco Variable Rate Preferred ETF has a 12-month low of $22.72 and a 12-month high of $25.78.

The business also recently declared a monthly dividend, which was paid on Friday, November 30th. Investors of record on Tuesday, November 20th were issued a dividend of $0.1027 per share. The ex-dividend date was Monday, November 19th. This represents a $1.23 annualized dividend and a yield of 5.30%.

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Want to see what other hedge funds are holding VRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP).

Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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