Capital Investment Advisory Services LLC Acquires Shares of 26,940 Invesco Variable Rate Preferred ETF (VRP)

Capital Investment Advisory Services LLC acquired a new stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,940 shares of the company’s stock, valued at approximately $671,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Whittier Trust Co. bought a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at about $132,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at about $144,000. Parallel Advisors LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at about $203,000. Hartford Financial Management Inc. bought a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at about $290,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at about $341,000.

VRP stock opened at $24.35 on Wednesday. Invesco Variable Rate Preferred ETF has a 1-year low of $23.94 and a 1-year high of $26.09.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, October 31st. Investors of record on Tuesday, October 23rd will be issued a $0.1033 dividend. This is an increase from Invesco Variable Rate Preferred ETF’s previous monthly dividend of $0.10. This represents a $1.24 annualized dividend and a dividend yield of 5.09%. The ex-dividend date is Monday, October 22nd.

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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:VRP).

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

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