Cullen Frost Bankers Inc. Trims Stock Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Cullen Frost Bankers Inc. decreased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 13.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,946 shares of the exchange traded fund’s stock after selling 2,036 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $169,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter worth about $571,000. D.A. Davidson & CO. grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% during the first quarter. D.A. Davidson & CO. now owns 15,078 shares of the exchange traded fund’s stock worth $206,000 after purchasing an additional 998 shares in the last quarter. McNamara Financial Services Inc. grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% during the second quarter. McNamara Financial Services Inc. now owns 109,456 shares of the exchange traded fund’s stock worth $1,427,000 after purchasing an additional 8,121 shares in the last quarter. IFP Advisors Inc grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 607.3% during the first quarter. IFP Advisors Inc now owns 71,656 shares of the exchange traded fund’s stock worth $977,000 after purchasing an additional 61,525 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 381,847 shares of the exchange traded fund’s stock worth $5,205,000 after purchasing an additional 19,536 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.1%

NASDAQ:PDBC opened at $13.60 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $14.00. The stock has a 50-day moving average price of $13.31 and a 200 day moving average price of $13.13.

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.