1834 Investment Advisors Co. Has $849,000 Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

1834 Investment Advisors Co. cut its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 68.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,719 shares of the company’s stock after selling 78,136 shares during the period. 1834 Investment Advisors Co. owned about 0.05% of Invesco Variable Rate Preferred ETF worth $849,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cantor Fitzgerald Investment Advisors L.P. acquired a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $210,000. Sound Income Strategies LLC bought a new stake in Invesco Variable Rate Preferred ETF in the fourth quarter valued at $69,000. Advisory Alpha LLC raised its stake in Invesco Variable Rate Preferred ETF by 1.8% during the fourth quarter. Advisory Alpha LLC now owns 1,851,516 shares of the company’s stock worth $42,735,000 after acquiring an additional 32,876 shares in the last quarter. Wright Fund Management LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 167.3% during the fourth quarter. Wright Fund Management LLC now owns 224,800 shares of the company’s stock valued at $5,188,000 after acquiring an additional 140,700 shares during the period. Finally, Seed Wealth Management Inc. lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 3.0% during the fourth quarter. Seed Wealth Management Inc. now owns 148,160 shares of the company’s stock valued at $3,414,000 after acquiring an additional 4,380 shares during the period.

Invesco Variable Rate Preferred ETF Stock Up 0.0 %

Shares of VRP traded up $0.01 during trading hours on Friday, hitting $24.05. The stock had a trading volume of 264,647 shares, compared to its average volume of 376,766. The company’s fifty day moving average is $23.87 and its two-hundred day moving average is $23.60. Invesco Variable Rate Preferred ETF has a 52 week low of $21.60 and a 52 week high of $24.08.

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.