Private Wealth Asset Management LLC Lowers Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Private Wealth Asset Management LLC cut its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 28.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 134,554 shares of the exchange traded fund’s stock after selling 53,177 shares during the period. Private Wealth Asset Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,807,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at $2,631,000. McNamara Financial Services Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% during the second quarter. McNamara Financial Services Inc. now owns 109,456 shares of the exchange traded fund’s stock valued at $1,427,000 after buying an additional 8,121 shares during the last quarter. Exencial Wealth Advisors LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% in the third quarter. Exencial Wealth Advisors LLC now owns 995,151 shares of the exchange traded fund’s stock worth $13,365,000 after buying an additional 46,935 shares during the period. IFP Advisors Inc lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 31.3% in the 2nd quarter. IFP Advisors Inc now owns 94,063 shares of the exchange traded fund’s stock valued at $1,227,000 after acquiring an additional 22,407 shares during the last quarter. Finally, Advyzon Investment Management LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at about $664,000.

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

PDBC opened at $14.82 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.02 and a 1 year high of $14.83. The stock’s 50 day simple moving average is $13.68 and its 200 day simple moving average is $13.47.

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

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.5086 dividend. This represents a yield of 383.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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