Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Purchased by Homrich & Berg

Homrich & Berg increased its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 14.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,782 shares of the company’s stock after purchasing an additional 3,199 shares during the period. Homrich & Berg’s holdings in Invesco Variable Rate Preferred ETF were worth $643,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Citigroup Inc. boosted its stake in Invesco Variable Rate Preferred ETF by 22.7% during the first quarter. Citigroup Inc. now owns 232,607 shares of the company’s stock worth $5,718,000 after buying an additional 43,064 shares during the period. Northern Oak Wealth Management Inc. boosted its stake in Invesco Variable Rate Preferred ETF by 9.6% during the first quarter. Northern Oak Wealth Management Inc. now owns 253,071 shares of the company’s stock worth $6,220,000 after buying an additional 22,229 shares during the period. MD Financial Management Inc. purchased a new position in Invesco Variable Rate Preferred ETF during the second quarter worth about $17,917,000. Altium Wealth Management LLC boosted its stake in Invesco Variable Rate Preferred ETF by 8.9% during the second quarter. Altium Wealth Management LLC now owns 26,195 shares of the company’s stock worth $653,000 after buying an additional 2,145 shares during the period. Finally, NEXT Financial Group Inc boosted its stake in Invesco Variable Rate Preferred ETF by 27.6% during the second quarter. NEXT Financial Group Inc now owns 7,425 shares of the company’s stock worth $185,000 after buying an additional 1,607 shares during the period.

VRP stock traded up $0.02 during mid-day trading on Thursday, hitting $25.17. 2 shares of the company were exchanged, compared to its average volume of 264,650. The business has a fifty day simple moving average of $25.16 and a 200-day simple moving average of $24.76. Invesco Variable Rate Preferred ETF has a 12-month low of $22.26 and a 12-month high of $25.32.

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

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