Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Shares Sold by Transform Wealth LLC

Transform Wealth LLC reduced its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 72.9% during the 1st quarter, Holdings Channel reports. The fund owned 64,763 shares of the exchange traded fund’s stock after selling 174,606 shares during the quarter. Transform Wealth LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in PDBC. City Holding Co. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $27,000. Global Retirement Partners LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% during 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. Eagle Bay Advisors LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $29,000. EverSource Wealth Advisors LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $34,000. Finally, Versant Capital Management Inc acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at $36,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.4 %

Shares of PDBC stock traded up $0.06 during mid-day trading on Thursday, hitting $14.08. 2,882,210 shares of the stock traded hands, compared to its average volume of 3,379,034. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $13.05 and a twelve month high of $15.35. The company’s 50-day simple moving average is $14.09 and its 200-day simple moving average is $13.75.

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.