Segall Bryant & Hamill LLC Acquires 1,058 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Segall Bryant & Hamill LLC grew its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,920 shares of the company’s stock after purchasing an additional 1,058 shares during the period. Segall Bryant & Hamill LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $530,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. D.A. Davidson & CO. boosted its position in Invesco Variable Rate Preferred ETF by 6.2% during the third quarter. D.A. Davidson & CO. now owns 39,568 shares of the company’s stock valued at $968,000 after purchasing an additional 2,325 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of Invesco Variable Rate Preferred ETF by 814.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock valued at $13,128,000 after buying an additional 478,001 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Invesco Variable Rate Preferred ETF by 16.9% in the third quarter. HighTower Advisors LLC now owns 854,864 shares of the company’s stock valued at $20,909,000 after buying an additional 123,324 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Invesco Variable Rate Preferred ETF by 0.6% during the 3rd quarter. Stifel Financial Corp now owns 347,507 shares of the company’s stock worth $8,500,000 after acquiring an additional 1,922 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Invesco Variable Rate Preferred ETF by 81.2% in the third quarter. Jane Street Group LLC now owns 220,367 shares of the company’s stock valued at $5,390,000 after purchasing an additional 98,725 shares during the last quarter.

Invesco Variable Rate Preferred ETF Trading Down 0.0 %

NYSEARCA:VRP opened at $24.26 on Friday. Invesco Variable Rate Preferred ETF has a fifty-two week low of $23.40 and a fifty-two week high of $24.67. The stock has a fifty day moving average price of $24.35 and a 200-day moving average price of $24.39.

Invesco Variable Rate Preferred ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.1031 dividend. The ex-dividend date was Monday, March 24th.

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.