McNamara Financial Services Inc. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 8.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 109,456 shares of the exchange traded fund’s stock after purchasing an additional 8,121 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 0.3% of McNamara Financial Services Inc.’s investment portfolio, making the stock its 25th largest holding. McNamara Financial Services Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,427,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 405.4% during the 1st quarter. LPL Financial LLC now owns 26,769,795 shares of the exchange traded fund’s stock valued at $364,872,000 after buying an additional 21,473,500 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 276.4% during the first quarter. The Manufacturers Life Insurance Company now owns 8,398,542 shares of the exchange traded fund’s stock valued at $114,472,000 after acquiring an additional 6,167,308 shares during the period. Empower Advisory Group LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.6% during the first quarter. Empower Advisory Group LLC now owns 29,695,319 shares of the exchange traded fund’s stock valued at $404,747,000 after acquiring an additional 1,586,041 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 241.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,489,201 shares of the exchange traded fund’s stock worth $20,298,000 after purchasing an additional 1,053,321 shares in the last quarter. Finally, CWM LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 120.0% in the first quarter. CWM LLC now owns 1,362,290 shares of the exchange traded fund’s stock worth $18,568,000 after purchasing an additional 742,996 shares during the period.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 2.1%
Shares of NASDAQ PDBC opened at $13.16 on Monday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.02 and a 1 year high of $14.10. The stock has a fifty day moving average price of $13.25 and a two-hundred day moving average price of $13.11.
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.
Further Reading
- Five stocks we like better than Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
- Insider Buying Explained: What Investors Need to Know
- Microsoft 365 Premium Marks the Next Phase of AI Monetization
- Large Cap Stock Definition and How to Invest
- Could Target’s Week of Discounts Come Full Circle for Investors?
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- 3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Want to see what other hedge funds are holding PDBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report).
Receive News & Ratings for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF and related companies with MarketBeat.com's FREE daily email newsletter.