Fifth Third Bancorp Raises Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Fifth Third Bancorp boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 20,873.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 244,342 shares of the exchange traded fund’s stock after acquiring an additional 243,177 shares during the period. Fifth Third Bancorp owned about 0.07% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $4,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ascentis Independent Advisors purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at about $34,000. Pacifica Partners Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth about $26,000. Tucker Asset Management LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $34,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 781 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:PDBC opened at $17.25 on Friday. The business has a 50 day moving average of $17.21 and a two-hundred day moving average of $16.23. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.87 and a 12-month high of $18.95.

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.