Tradewinds LLC. Buys New Shares in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Tradewinds LLC. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the third quarter, HoldingsChannel.com reports. The firm purchased 62,149 shares of the exchange traded fund’s stock, valued at approximately $835,000.

Several other hedge funds have also recently made changes to their positions in the business. Empower Advisory Group LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% in the 3rd quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock valued at $354,339,000 after acquiring an additional 1,834,864 shares in the last quarter. SigFig Wealth Management LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the second quarter. SigFig Wealth Management LLC now owns 5,640,243 shares of the exchange traded fund’s stock valued at $79,245,000 after purchasing an additional 191,637 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,709,495 shares of the exchange traded fund’s stock valued at $66,168,000 after purchasing an additional 33,950 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,218,360 shares of the exchange traded fund’s stock valued at $45,218,000 after purchasing an additional 31,430 shares during the period. Finally, GM Advisory Group LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 38.0% during the 2nd quarter. GM Advisory Group LLC now owns 2,219,553 shares of the exchange traded fund’s stock worth $31,185,000 after purchasing an additional 610,783 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.1 %

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.52 on Thursday. The business has a 50-day simple moving average of $13.56 and a 200 day simple moving average of $13.69. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.69.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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.