Boyd Watterson Asset Management LLC OH Has $1.90 Million Position in Invesco Variable Rate Preferred ETF (VRP)

Boyd Watterson Asset Management LLC OH lowered its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 13.6% in the third quarter, Holdings Channel reports. The firm owned 76,406 shares of the company’s stock after selling 12,016 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Invesco Variable Rate Preferred ETF were worth $1,902,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Whittier Trust Co. purchased a new position in Invesco Variable Rate Preferred ETF in the second quarter valued at about $132,000. Steward Partners Investment Advisory LLC purchased a new position in Invesco Variable Rate Preferred ETF in the second quarter valued at about $144,000. Parallel Advisors LLC purchased a new position in Invesco Variable Rate Preferred ETF in the second quarter valued at about $203,000. NEXT Financial Group Inc purchased a new position in Invesco Variable Rate Preferred ETF in the first quarter valued at about $218,000. Finally, Hartford Financial Management Inc. purchased a new position in Invesco Variable Rate Preferred ETF in the second quarter valued at about $290,000.

VRP traded down $0.08 on Wednesday, reaching $24.52. The company’s stock had a trading volume of 2,994 shares, compared to its average volume of 383,788. Invesco Variable Rate Preferred ETF has a 1 year low of $24.50 and a 1 year high of $26.13.

The company also recently announced a monthly dividend, which was paid on Friday, September 28th. Shareholders of record on Tuesday, September 25th were issued a dividend of $0.103 per share. This represents a $1.24 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend was Monday, September 24th. This is an increase from Invesco Variable Rate Preferred ETF’s previous monthly dividend of $0.09.

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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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