Cherry Tree Wealth Management LLC Sells 29,838 Shares of Invesco Variable Rate Preferred ETF $VRP

Cherry Tree Wealth Management LLC lessened its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRPFree Report) by 38.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,325 shares of the company’s stock after selling 29,838 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $1,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC bought a new position in shares of Invesco Variable Rate Preferred ETF during the 4th quarter worth approximately $51,000. Private Trust Co. NA raised its position in Invesco Variable Rate Preferred ETF by 165.2% in the 4th quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock valued at $54,000 after purchasing an additional 1,376 shares during the last quarter. LFA Lugano Financial Advisors SA raised its position in Invesco Variable Rate Preferred ETF by 136.8% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 5,067 shares of the company’s stock valued at $123,000 after purchasing an additional 2,927 shares during the last quarter. Luken Investment Analytics LLC bought a new position in Invesco Variable Rate Preferred ETF in the 4th quarter valued at $135,000. Finally, Blueline Advisors LLC bought a new position in Invesco Variable Rate Preferred ETF in the 4th quarter valued at $150,000.

Invesco Variable Rate Preferred ETF Stock Performance

Shares of VRP opened at $24.36 on Friday. The stock has a fifty day moving average price of $24.24 and a two-hundred day moving average price of $24.37. Invesco Variable Rate Preferred ETF has a 52-week low of $23.71 and a 52-week high of $24.93.

Invesco Variable Rate Preferred ETF Profile

(Free Report)

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.

Further Reading

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:VRPFree Report).

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

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