Cetera Investment Advisers Acquires 209,840 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Cetera Investment Advisers grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 46.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 663,382 shares of the exchange traded fund’s stock after purchasing an additional 209,840 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $11,490,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Rede Wealth LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth about $528,000. Marion Wealth Management lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% during the 4th quarter. Marion Wealth Management now owns 1,122,132 shares of the exchange traded fund’s stock valued at $16,091,000 after buying an additional 52,698 shares during the last quarter. SCS Capital Management LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.9% during the 4th quarter. SCS Capital Management LLC now owns 2,111,753 shares of the exchange traded fund’s stock valued at $27,981,000 after buying an additional 173,301 shares during the last quarter. Briaud Financial Planning Inc grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% in the 4th quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock valued at $36,693,000 after buying an additional 60,012 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock valued at $2,807,000 after buying an additional 199,419 shares in the last quarter.

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

NASDAQ:PDBC opened at $17.50 on Friday. The stock’s 50 day moving average price is $17.03 and its 200 day moving average price is $16.52. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.87 and a 52 week high of $18.95.

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.