Wealth Management Resources Inc. Sells 17,189 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Wealth Management Resources Inc. decreased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 349,218 shares of the exchange traded fund’s stock after selling 17,189 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up 2.1% of Wealth Management Resources Inc.’s holdings, making the stock its 18th largest position. Wealth Management Resources Inc. owned 0.10% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $4,784,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. City Holding Co. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at about $27,000. Global Retirement Partners LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,158 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 1,543 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $29,000. EverSource Wealth Advisors LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $34,000. Finally, Versant Capital Management Inc acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter valued at $36,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.6 %

Shares of NASDAQ:PDBC traded up $0.08 during trading on Thursday, hitting $14.30. 1,437,840 shares of the company were exchanged, compared to its average volume of 3,370,208. The business’s 50 day moving average is $14.09 and its 200-day moving average is $13.76. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $13.05 and a 1-year high of $15.35.

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.