Abich Financial Wealth Management LLC Invests $560,000 in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Abich Financial Wealth Management LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 41,734 shares of the exchange traded fund’s stock, valued at approximately $560,000.

Several other large investors have also modified their holdings of the business. B. Riley Wealth Advisors Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $2,631,000. Exencial Wealth Advisors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 995,151 shares of the exchange traded fund’s stock worth $13,365,000 after buying an additional 46,935 shares during the last quarter. Advyzon Investment Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at $664,000. Canal Capital Management LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 132.4% during the 2nd quarter. Canal Capital Management LLC now owns 107,523 shares of the exchange traded fund’s stock worth $1,402,000 after buying an additional 61,252 shares during the last quarter. Finally, Bank of Nova Scotia acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at $13,040,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 2.3%

Shares of PDBC opened at $14.15 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $15.27. The firm has a 50-day simple moving average of $13.85 and a 200-day simple moving average of $13.54.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.5086 dividend. This represents a yield of 383.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.