The Manufacturers Life Insurance Company Decreases Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

The Manufacturers Life Insurance Company decreased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 37.9% in the first quarter, HoldingsChannel reports. The firm owned 5,458,835 shares of the exchange traded fund’s stock after selling 3,329,477 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $94,547,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter worth about $34,000. Tucker Asset Management LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at approximately $31,000. International Assets Investment Management LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at approximately $34,000. EverSource Wealth Advisors LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 781 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $73,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 3.0%

Shares of PDBC opened at $17.57 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 business’s 50 day simple moving average is $17.04 and its 200-day simple moving average is $16.49.

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