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

Wealthspire Advisors LLC trimmed its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 10.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 79,102 shares of the exchange traded fund’s stock after selling 9,709 shares during the period. Wealthspire Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,052,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PDBC. Stratos Wealth Partners LTD. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 14.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 26,565 shares of the exchange traded fund’s stock valued at $397,000 after buying an additional 3,376 shares during the period. Bank of New York Mellon Corp raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 406.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 810,315 shares of the exchange traded fund’s stock worth $12,114,000 after purchasing an additional 650,202 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 573.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 903,194 shares of the exchange traded fund’s stock worth $13,503,000 after purchasing an additional 769,158 shares during the period. Assetmark Inc. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.2% in the 3rd quarter. Assetmark Inc. now owns 205,883 shares of the exchange traded fund’s stock worth $3,078,000 after purchasing an additional 13,854 shares during the period. Finally, Perigon Wealth Management LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.9% in the 3rd quarter. Perigon Wealth Management LLC now owns 82,731 shares of the exchange traded fund’s stock worth $1,237,000 after purchasing an additional 1,522 shares during the period.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock traded up $0.03 during trading on Friday, reaching $14.13. The company had a trading volume of 61,991 shares, compared to its average volume of 3,729,657. 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 firm’s 50-day simple moving average is $13.96 and its 200 day simple moving average is $13.85.

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.