Whittier Trust Co. of Nevada Inc. Sells 4,410 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Whittier Trust Co. of Nevada Inc. reduced its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 9.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,365 shares of the company’s stock after selling 4,410 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Invesco Variable Rate Preferred ETF were worth $976,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Boyd Watterson Asset Management LLC OH purchased a new stake in Invesco Variable Rate Preferred ETF in the fourth quarter worth $27,000. Harbour Investments Inc. increased its position in Invesco Variable Rate Preferred ETF by 238.7% in the fourth quarter. Harbour Investments Inc. now owns 2,838 shares of the company’s stock worth $69,000 after buying an additional 2,000 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Invesco Variable Rate Preferred ETF by 130.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,794 shares of the company’s stock worth $116,000 after buying an additional 2,714 shares during the last quarter. Zhang Financial LLC purchased a new stake in Invesco Variable Rate Preferred ETF in the fourth quarter worth $202,000. Finally, Partners Wealth Management LLC purchased a new stake in Invesco Variable Rate Preferred ETF in the fourth quarter worth $212,000.

Invesco Variable Rate Preferred ETF Price Performance

NYSEARCA:VRP opened at $24.41 on Friday. The business has a fifty day simple moving average of $24.34 and a two-hundred day simple moving average of $24.39. Invesco Variable Rate Preferred ETF has a 1 year low of $23.40 and a 1 year high of $24.67.

Invesco Variable Rate Preferred ETF 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.