Lincoln National Corp Makes New Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Lincoln National Corp acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,393 shares of the exchange traded fund’s stock, valued at approximately $168,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Cadent Capital Advisors LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% during the fourth quarter. Cadent Capital Advisors LLC now owns 11,010 shares of the exchange traded fund’s stock worth $163,000 after acquiring an additional 684 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 13,247 shares of the exchange traded fund’s stock valued at $214,000 after purchasing an additional 767 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 43,770 shares of the exchange traded fund’s stock worth $708,000 after purchasing an additional 842 shares during the period. Arbor Capital Management Inc. ADV increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% during the 3rd quarter. Arbor Capital Management Inc. ADV now owns 139,614 shares of the exchange traded fund’s stock worth $2,376,000 after purchasing an additional 1,035 shares in the last quarter. Finally, Covington Capital Management raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.9% in the third quarter. Covington Capital Management now owns 119,682 shares of the exchange traded fund’s stock valued at $1,936,000 after buying an additional 1,049 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.9 %

PDBC opened at $13.68 on Friday. The company has a fifty day simple moving average of $14.29 and a 200 day simple moving average of $14.27. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $13.38 and a twelve month high of $20.76.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

(Get Rating)

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.