Axxcess Wealth Management LLC Sells 110,001 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Axxcess Wealth Management LLC trimmed its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 61.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,083 shares of the exchange traded fund’s stock after selling 110,001 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,214,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Addison Capital Co purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth about $1,269,000. Downshift Financial LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $282,000. Integrated Advisors Network LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% in the 1st quarter. Integrated Advisors Network LLC now owns 12,744 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 905 shares during the period. Ascentis Independent Advisors bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $34,000. Finally, GM Advisory Group LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.7% during the 1st quarter. GM Advisory Group LLC now owns 2,385,149 shares of the exchange traded fund’s stock valued at $41,311,000 after buying an additional 40,591 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.8%

Shares of PDBC opened at $16.62 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.87 and a 1 year high of $18.95. The company has a 50 day simple moving average of $17.41 and a two-hundred day simple moving average of $16.08.

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