Merit Financial Group LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 44,987 shares of the exchange traded fund’s stock, valued at approximately $598,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PDBC. Hazlett Burt & Watson Inc. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 271.2% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,856 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 1,356 shares during the period. Cambridge Trust Co. increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% during the 3rd quarter. Cambridge Trust Co. now owns 1,821 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 1,798 shares during the period. City Holding Co. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $27,000. Global Retirement Partners LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,158 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 1,543 shares during the period. Finally, Steph & Co. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at $33,000.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance
Shares of PDBC stock opened at $14.09 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $13.05 and a 52-week high of $15.35. The business’s fifty day moving average is $13.92 and its 200 day moving average is $13.85.
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.
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