International Assets Investment Management LLC Makes New Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

International Assets Investment Management LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 31,578 shares of the exchange traded fund’s stock, valued at approximately $420,000.

Several other hedge funds have also added to or reduced their stakes in the business. Capital Wealth Alliance LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 29.8% during the 4th quarter. Capital Wealth Alliance LLC now owns 37,847 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 8,683 shares during the period. Private Trust Co. NA boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 81.1% during the 4th quarter. Private Trust Co. NA now owns 4,072 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 1,824 shares during the period. Walkner Condon Financial Advisors LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.8% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 78,920 shares of the exchange traded fund’s stock worth $1,050,000 after buying an additional 11,342 shares during the period. Milestone Asset Management LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $187,000. Finally, Estate Counselors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,361.3% in the 4th quarter. Estate Counselors LLC now owns 781,200 shares of the exchange traded fund’s stock worth $10,390,000 after purchasing an additional 770,730 shares during the period.

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

Shares of NASDAQ PDBC opened at $14.29 on Friday. 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 company’s 50 day moving average price is $13.77 and its 200-day moving average price is $13.90.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.