Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Position Reduced by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC trimmed its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 16.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 185,092 shares of the exchange traded fund’s stock after selling 35,562 shares during the period. Axxcess Wealth Management LLC owned approximately 0.06% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $2,486,000 as of its most recent SEC filing.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.8%

Shares of PDBC stock opened at $14.53 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 stock’s 50-day moving average is $13.90 and its two-hundred day moving average is $13.57.

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

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.5086 per share. 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 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.