1,239,519 Shares in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Bought by Beacon Capital Management Inc.

Beacon Capital Management Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,239,519 shares of the exchange traded fund’s stock, valued at approximately $16,163,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up about 0.8% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Beacon Capital Management Inc. owned about 0.36% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PDBC. Consultiva Wealth Management CORP. boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 775 shares during the last quarter. HHM Wealth Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth about $32,000. Atlantic Union Bankshares Corp acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at approximately $36,000. Financial Gravity Companies Inc. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at approximately $38,000. Finally, Cape Investment Advisory Inc. grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% in the second quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 1,049 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.0%

NASDAQ:PDBC opened at $13.63 on Monday. 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 stock’s 50 day moving average price is $13.56 and its two-hundred day moving average price is $13.36.

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