Alliancebernstein L.P. Sells 162,191 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Alliancebernstein L.P. lessened its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 30.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 376,900 shares of the exchange traded fund’s stock after selling 162,191 shares during the period. Alliancebernstein L.P. owned about 0.11% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $4,896,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in PDBC. Empower Advisory Group LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% during the 4th quarter. Empower Advisory Group LLC now owns 28,109,278 shares of the exchange traded fund’s stock valued at $365,140,000 after purchasing an additional 1,725,172 shares in the last quarter. SigFig Wealth Management LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.5% during the 4th quarter. SigFig Wealth Management LLC now owns 6,503,133 shares of the exchange traded fund’s stock worth $84,085,000 after buying an additional 510,072 shares in the last quarter. LPL Financial LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 89.1% during the 4th quarter. LPL Financial LLC now owns 5,296,295 shares of the exchange traded fund’s stock worth $68,799,000 after buying an additional 2,495,385 shares during the period. Briaud Financial Planning Inc increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% in the 4th quarter. Briaud Financial Planning Inc now owns 2,808,359 shares of the exchange traded fund’s stock valued at $36,480,000 after acquiring an additional 1,158,315 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 1,927,133 shares of the exchange traded fund’s stock valued at $25,033,000 after acquiring an additional 46,962 shares during the period.

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

NASDAQ:PDBC opened at $12.69 on Monday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.02 and a 12 month high of $14.50. The firm has a fifty day simple moving average of $13.34 and a two-hundred day simple moving average of $13.41.

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