NewEdge Wealth LLC Has $324,000 Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

NewEdge Wealth LLC reduced its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 38.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,390 shares of the exchange traded fund’s stock after selling 15,468 shares during the quarter. NewEdge Wealth LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $324,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 82,114 shares of the exchange traded fund’s stock worth $1,092,000 after purchasing an additional 6,114 shares during the period. B.O.S.S. Retirement Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth approximately $671,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth $70,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth $420,000. Finally, Canal Capital Management LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 233.7% during the 4th quarter. Canal Capital Management LLC now owns 83,781 shares of the exchange traded fund’s stock worth $1,114,000 after purchasing an additional 58,672 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 1.5 %

Shares of NASDAQ:PDBC opened at $14.11 on Thursday. 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. The firm has a fifty day moving average price of $13.70 and a 200 day moving average price of $13.91.

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.