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

ETF Overview

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.

Key Stats

• Today's Range: $24.30 to $24.37
• 50-Day Range: $24.07 to $24.55
• 52-Week Range: $23.32 to $24.67
• Volume: 493,601 shs
• Average Volume: 620,825 shs
• Market Capitalization: $1.66 billion
• Assets Under Management: $1.93 billion
• Dividend Yield: 5.02%
• Net Expense Ratio: 0.50%
• Aggregate Rating: N/A

VRP ETF - Frequently Asked Questions

How have VRP shares performed this year?

Invesco Variable Rate Preferred ETF's stock was trading at $24.19 on January 1st, 2025. Since then, VRP shares have increased by 0.5% and is now trading at $24.3150.
View the best growth stocks for 2025 here.

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

Invesco Variable Rate Preferred ETF's top institutional shareholders include Advisory Alpha LLC (3.17%), Stephens Inc. AR (2.10%), Spectrum Asset Management Inc. (1.26%) and Matthew Goff Investment Advisor LLC (0.95%).

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Invesco Variable Rate Preferred ETF investors own include Verizon Communications (VZ), AT&T (T), Exxon Mobil (XOM), Meta Platforms (META), International Business Machines (IBM), Altria Group (MO) and Gilead Sciences (GILD).

Fund Details

• Issuer: Invesco
• Fund Name: Invesco Variable Rate Preferred ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• 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: 304

Fund Statistics

• Assets Under Management: $1.93 billion
• Average Daily Volume: $635,109.10
• Discount/Premium: 0.02%

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: 41,400 shs

Miscellaneous

• Outstanding Shares: 68,300,000
• Beta: 0.23
• Creation Unit: 100,000
• Creation Fee: $500.00