HighTower Advisors LLC Raises Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

HighTower Advisors LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 372.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 553,929 shares of the exchange traded fund’s stock after purchasing an additional 436,806 shares during the period. HighTower Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $7,196,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% in the third quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock worth $8,841,000 after buying an additional 48,490 shares in the last quarter. Whalen Wealth Management Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth $1,164,000. Briaud Financial Planning Inc lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 43.1% in the third quarter. Briaud Financial Planning Inc now owns 1,650,044 shares of the exchange traded fund’s stock worth $22,160,000 after buying an additional 496,745 shares in the last quarter. Tradewinds LLC. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth $835,000. Finally, Integrated Investment Consultants LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth $342,000.

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

PDBC stock opened at $13.40 on Wednesday. The company’s fifty day moving average price is $13.47 and its 200-day moving average price is $13.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.55.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.5747 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.