S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NYSEARCA:VRP

Invesco Variable Rate Preferred ETF (VRP) Price, Holdings, & News

$23.60
+0.03 (+0.13%)
(As of 02/29/2024 ET)
Today's Range
$23.58
$23.64
50-Day Range
$22.99
$23.63
52-Week Range
$20.88
$23.70
Volume
272,397 shs
Average Volume
352,322 shs
Market Capitalization
$1.56 billion
Assets Under Management
$1.56 billion
Dividend Yield
5.17%
Net Expense Ratio
0.50%
VRP stock logo

About Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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.

VRP Stock Price History

VRP ETF News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
See More Headlines
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Fund Details

Issuer
Invesco
Fund Name
Invesco Variable Rate Preferred ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:VRP
Inception Date
4/28/2014
Fund Manager
Peter Hubbard, Jeffrey W. Kernagis, Richard Ose, Gary Jones, Philip Fang
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
ICE Variable Rate Preferred & Hybrid Securities Index
Category
Strategy
Focus
Preferred Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
303

Fund Statistics

Assets Under Management
$1.56 billion
Average Daily Volume
$44,618.80
Discount/Premium
0.04%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Invesco Capital Management LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Invesco Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
388,800 shs

Miscellaneous

Beta
0.44
Creation Unit
100,000
Creation Fee
$500.00
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Invesco Variable Rate Preferred ETF Expenses

TypeVRPPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.50%0.54%0.50%0.51%
Other Expenses0.00%0.24%0.55%0.64%0.58%
Total Expense0.50%0.53%0.70%0.74%0.70%
Fee Waiver0.00%0.00%-0.55%-0.69%-0.57%
Net Expense0.50%0.55%0.60%0.57%0.58%

Invesco Variable Rate Preferred ETF (VRP) Holdings & Exposure

Top 10 VRP Holdings

  • Wells Fargo & Company 3.9%
    Holding Weight: 1.53%
  • JPMorgan Chase & Co. 4.6%
    Holding Weight: 1.38%
  • General Electric Company
    Holding Weight: 1.27%
  • The Charles Schwab Corporation 5.375%
    Holding Weight: 1.20%
  • Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4
    Holding Weight: 1.19%
  • BP Capital Markets plc 4.375%
    Holding Weight: 1.17%
  • BP Capital Markets plc 4.875%
    Holding Weight: 1.13%
  • JPMorgan Chase & Co.
    Holding Weight: 1.06%
  • Bank of America Corporation 5.875%
    Holding Weight: 1.02%
  • Vodafone Group PLC
    Holding Weight: 0.99%

VRP Sector Exposure

VRP Industry Exposure















VRP ETF - Frequently Asked Questions

How have VRP shares performed in 2024?

Invesco Variable Rate Preferred ETF's stock was trading at $23.08 on January 1st, 2024. Since then, VRP stock has increased by 2.3% and is now trading at $23.60.
View the best growth stocks for 2024 here
.

What does VRP invest in?

Invesco Variable Rate Preferred ETF is a equity fund issued by Invesco. VRP focuses on preferred stock investments and follows the ICE Variable Rate Preferred & Hybrid Securities Index. The fund's investments total to approximately $1.56 billion assets under management.

What is the management fee for Invesco Variable Rate Preferred ETF?

Invesco Variable Rate Preferred ETF's management fee is 0.50% and has no other recorded expenses or fee waivers. The net expense ratio for VRP is 0.50%.

What other stocks do shareholders of Invesco Variable Rate Preferred ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Variable Rate Preferred ETF investors own include Verizon Communications (VZ), Invesco Preferred ETF (PGX), Lam Research (LRCX), iShares Preferred and Income Securities ETF (PFF), Boeing (BA), Bank of America (BAC), CVS Health (CVS), Enterprise Products Partners (EPD), Gilead Sciences (GILD) and Johnson & Johnson (JNJ).

Who are Invesco Variable Rate Preferred ETF's major shareholders?

Invesco Variable Rate Preferred ETF's stock is owned by a number of retail and institutional investors. Top institutional investors include UBS Group AG (3.96%), Advisory Alpha LLC (2.81%), Stephens Inc. AR (2.16%), Matthew Goff Investment Advisor LLC (1.02%), Envestnet Asset Management Inc. (0.96%) and Royal Bank of Canada (0.79%).

How do I buy shares of Invesco Variable Rate Preferred ETF?

Shares of VRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:VRP) was last updated on 3/1/2024 by MarketBeat.com Staff