Oarsman Capital Inc. Has $3.26 Million Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Oarsman Capital Inc. reduced its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 9.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 250,576 shares of the exchange traded fund’s stock after selling 26,186 shares during the quarter. Oarsman Capital Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $3,255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Empower Advisory Group LLC raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% during the 4th quarter. Empower Advisory Group LLC now owns 28,109,278 shares of the exchange traded fund’s stock worth $365,140,000 after buying an additional 1,725,172 shares in the last quarter. SigFig Wealth Management LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.5% during the fourth quarter. SigFig Wealth Management LLC now owns 6,503,133 shares of the exchange traded fund’s stock worth $84,085,000 after acquiring an additional 510,072 shares in the last quarter. LPL Financial LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 89.1% during the fourth quarter. LPL Financial LLC now owns 5,296,295 shares of the exchange traded fund’s stock worth $68,799,000 after acquiring an additional 2,495,385 shares in the last quarter. FMR LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% in the third quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock worth $50,892,000 after acquiring an additional 1,019,984 shares during the last quarter. Finally, Briaud Financial Planning Inc boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% in the 4th quarter. Briaud Financial Planning Inc now owns 2,808,359 shares of the exchange traded fund’s stock valued at $36,480,000 after purchasing an additional 1,158,315 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 3.7 %

PDBC stock opened at $12.69 on Friday. The company has a 50 day simple moving average of $13.45 and a 200 day simple moving average of $13.45. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.50 and a 1 year high of $14.55.

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.