Invesco Variable Rate Preferred ETF - VRP Stock Forecast, Price & News

Invesco Variable Rate Preferred ETF's stock was trading at $25.92 at the beginning of 2022. Since then, VRP shares have decreased by 9.2% and is now trading at $23.54.
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Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) pays an annual dividend of $1.15 per share and currently has a dividend yield of 4.89%. VRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for VRP.

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).

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 many different institutional and retail investors. Top institutional investors include UBS Group AG (3.09%), Advisor Group Holdings Inc. (2.55%), JPMorgan Chase & Co. (2.38%), Stephens Inc. AR (2.17%), Envestnet Asset Management Inc. (1.00%) and Matthew Goff Investment Advisor LLC (0.88%).

Shares of VRP stock 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.
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One share of VRP stock can currently be purchased for approximately $23.54.

Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) has a market capitalization of $1.93 billion.