Bank of Nova Scotia Makes New $13.04 Million Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Bank of Nova Scotia purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,000,000 shares of the exchange traded fund’s stock, valued at approximately $13,040,000. Bank of Nova Scotia owned 0.29% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.0% during the 2nd quarter. Empower Advisory Group LLC now owns 31,466,599 shares of the exchange traded fund’s stock valued at $410,324,000 after acquiring an additional 1,771,280 shares during the period. The Manufacturers Life Insurance Company raised 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 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 0.7% in the second quarter. SigFig Wealth Management LLC now owns 6,610,640 shares of the exchange traded fund’s stock valued at $86,136,000 after purchasing an additional 43,933 shares during the period. Envestnet Asset Management Inc. grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,071,199 shares of the exchange traded fund’s stock worth $53,064,000 after purchasing an additional 491,161 shares in the last quarter. Finally, Briaud Financial Planning Inc increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.2% during the 2nd quarter. Briaud Financial Planning Inc now owns 2,540,275 shares of the exchange traded fund’s stock worth $33,125,000 after purchasing an additional 30,796 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.7%

Shares of NASDAQ PDBC opened at $13.78 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.02 and a twelve month high of $14.00. The business has a fifty day simple moving average of $13.54 and a two-hundred day simple moving average of $13.34.

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.