Sequoia Financial Advisors LLC Decreases Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Sequoia Financial Advisors LLC cut its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 14.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 13,415 shares of the exchange traded fund’s stock after selling 2,225 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $183,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. SigFig Wealth Management LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% during the 1st quarter. SigFig Wealth Management LLC now owns 6,566,707 shares of the exchange traded fund’s stock valued at $88,388,000 after acquiring an additional 63,574 shares during the last quarter. LPL Financial LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 89.1% during the 4th quarter. LPL Financial LLC now owns 5,296,295 shares of the exchange traded fund’s stock valued at $68,799,000 after acquiring an additional 2,495,385 shares during the last quarter. Briaud Financial Planning Inc boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% during 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 acquiring an additional 1,158,315 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 81.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,231,234 shares of the exchange traded fund’s stock valued at $28,984,000 after acquiring an additional 1,004,748 shares during the last quarter. Finally, SCS Capital Management LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.7% during the 4th quarter. SCS Capital Management LLC now owns 1,934,443 shares of the exchange traded fund’s stock valued at $25,128,000 after acquiring an additional 33,269 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.5%

NASDAQ PDBC opened at $13.38 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.02 and a 12 month high of $14.44. The company’s fifty day moving average price is $12.98 and its two-hundred day moving average price is $13.15.

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.