Northwestern Mutual Wealth Management Co. Buys 77,195 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,148,011 shares of the exchange traded fund’s stock after buying an additional 77,195 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.91% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $41,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Advyzon Investment Management LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 121.6% in the third quarter. Advyzon Investment Management LLC now owns 112,865 shares of the exchange traded fund’s stock worth $1,516,000 after purchasing an additional 61,939 shares during the last quarter. Marion Wealth Management increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% in the fourth quarter. Marion Wealth Management now owns 1,122,132 shares of the exchange traded fund’s stock worth $16,091,000 after purchasing an additional 52,698 shares during the last quarter. JPMorgan Chase & Co. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% in the third quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock worth $2,807,000 after purchasing an additional 199,419 shares during the last quarter. Briaud Financial Planning Inc increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% in the fourth quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock worth $36,693,000 after purchasing an additional 60,012 shares during the last quarter. Finally, Integrated Capital Management Inc. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.4% in the fourth quarter. Integrated Capital Management Inc. now owns 771,004 shares of the exchange traded fund’s stock worth $10,216,000 after purchasing an additional 32,259 shares during the last quarter.

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

Shares of PDBC opened at $17.62 on Friday. The company’s fifty day moving average is $17.73 and its 200 day moving average is $15.47. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.47 and a fifty-two week high of $18.95.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.