Principal Financial Group Inc. Raises Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Principal Financial Group Inc. increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 8.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 658,320 shares of the exchange traded fund’s stock after purchasing an additional 48,490 shares during the quarter. Principal Financial Group Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $8,841,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 19.9% during the 3rd quarter. Private Advisor Group LLC now owns 130,153 shares of the exchange traded fund’s stock worth $1,748,000 after acquiring an additional 21,611 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 1,058 shares during the last quarter. Brookstone Capital Management boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 24.2% during the 2nd quarter. Brookstone Capital Management now owns 366,721 shares of the exchange traded fund’s stock worth $5,108,000 after acquiring an additional 71,515 shares during the last quarter. US Bancorp DE boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 32.9% during the 1st quarter. US Bancorp DE now owns 71,331 shares of the exchange traded fund’s stock worth $989,000 after acquiring an additional 17,670 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter worth $257,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance

Shares of PDBC stock opened at $13.46 on Tuesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.69. The company’s fifty day moving average price is $13.53 and its 200-day moving average price is $13.70.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed.