Independent Advisor Alliance Makes New $479,000 Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Independent Advisor Alliance purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 36,888 shares of the exchange traded fund’s stock, valued at approximately $479,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PDBC. Empower Advisory Group LLC boosted its position 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 valued at $365,140,000 after acquiring an additional 1,725,172 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,241,416 shares of the exchange traded fund’s stock valued at $83,822,000 after acquiring an additional 364,421 shares during the last quarter. FMR LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% during the 3rd quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock valued at $50,892,000 after acquiring an additional 1,019,984 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 62.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,075,200 shares of the exchange traded fund’s stock valued at $27,870,000 after acquiring an additional 798,300 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 1,927,133 shares of the exchange traded fund’s stock valued at $25,033,000 after acquiring an additional 46,962 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.8 %

NASDAQ PDBC opened at $13.43 on Tuesday. 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. The stock has a 50 day moving average price of $13.46 and a 200-day moving average price of $13.42.

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

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

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.