Janney Montgomery Scott LLC Reduces Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Janney Montgomery Scott LLC lessened its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 3.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,525 shares of the exchange traded fund’s stock after selling 1,294 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $443,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. AdvisorNet Financial Inc boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 103.8% in the 1st quarter. AdvisorNet Financial Inc now owns 2,380 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 1,212 shares during the last quarter. Salem Investment Counselors Inc. lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 188.2% in the first quarter. Salem Investment Counselors Inc. now owns 2,594 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 1,694 shares during the period. PNC Financial Services Group Inc. boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 102.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 1,500 shares during the last quarter. Montag & Caldwell LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $42,000. Finally, BOKF NA purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $58,000.

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

PDBC opened at $13.38 on Friday. The company’s 50 day moving average is $12.97 and its 200 day moving average is $13.15. 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.

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.