Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Unusually-High Trading Volume – What’s Next?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw strong trading volume on Monday . 23,493,458 shares changed hands during mid-day trading, an increase of 354% from the previous session’s volume of 5,174,374 shares.The stock last traded at $13.57 and had previously closed at $13.40.

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

The company’s 50 day simple moving average is $13.31 and its 200-day simple moving average is $13.39.

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

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.5747 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Private Advisor Group LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 19.9% during the 3rd quarter. Private Advisor Group LLC now owns 130,153 shares of the exchange traded fund’s stock valued at $1,748,000 after buying an additional 21,611 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% during the 3rd quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock valued at $8,841,000 after buying an additional 48,490 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 51,955 shares of the exchange traded fund’s stock valued at $698,000 after buying an additional 1,575 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 125,533 shares of the exchange traded fund’s stock worth $1,686,000 after purchasing an additional 6,141 shares during the period. Finally, Bedell Frazier Investment Counselling LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.1% in the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 381,030 shares of the exchange traded fund’s stock worth $5,117,000 after purchasing an additional 7,726 shares during the period.

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.