AE Wealth Management LLC Cuts Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

AE Wealth Management LLC reduced its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 75.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,563 shares of the exchange traded fund’s stock after selling 28,801 shares during the quarter. AE Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $130,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PDBC. Advisors Preferred LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth about $26,000. Silver Oak Securities Incorporated acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at $29,000. AdvisorNet Financial Inc increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 103.8% in the first quarter. AdvisorNet Financial Inc now owns 2,380 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 1,212 shares during the last quarter. Salem Investment Counselors Inc. lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 188.2% during the first quarter. Salem Investment Counselors Inc. now owns 2,594 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 1,694 shares during the last quarter. Finally, Creekmur Asset Management LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 265,700.0% during the 1st quarter. Creekmur Asset Management LLC now owns 2,658 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 2,657 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.6%

Shares of NASDAQ PDBC opened at $13.16 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.02 and a 1-year high of $14.25. The business’s fifty day moving average price is $13.23 and its two-hundred day moving average price is $13.19.

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.