Invesco Variable Rate Preferred ETF Stock Forecast, Price & News

Wall Street analysts have given Invesco Variable Rate Preferred ETF a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Invesco Variable Rate Preferred ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Invesco Variable Rate Preferred ETF's stock was trading at $23.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VRP stock has increased by 14.4% and is now trading at $26.32.
View which stocks have been most impacted by COVID-19.

Invesco Variable Rate Preferred ETF pays an annual dividend of $1.11 per share and currently has a dividend yield of 4.22%. VRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Invesco Variable Rate Preferred ETF's dividend history.

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), The Boeing (BA), Bank of America (BAC), CVS Health (CVS), Enterprise Products Partners (EPD), Gilead Sciences (GILD) and Johnson & Johnson (JNJ).

Invesco Variable Rate Preferred ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "VRP."

Invesco Variable Rate Preferred ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Trinity Legacy Partners LLC (0.20%), Meridian Wealth Management LLC (0.15%), Summit Financial Group Inc. (0.08%), Cottage Street Advisors LLC (0.06%), Acas LLC (0.05%) and Capital Investment Advisory Services LLC (0.05%).

VRP stock was sold by a variety of institutional investors in the last quarter, including Cottage Street Advisors LLC, and Capital Investment Advisory Services LLC.

VRP stock was acquired by a variety of institutional investors in the last quarter, including Trinity Legacy Partners LLC, Summit Financial Group Inc., Meridian Wealth Management LLC, Acas LLC, and Pflug Koory LLC.

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

One share of VRP stock can currently be purchased for approximately $26.32.

Invesco Variable Rate Preferred ETF has a market capitalization of $1.83 billion.