M&T Bank Corp Sells 65,946 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

M&T Bank Corp reduced its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 6.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 884,249 shares of the exchange traded fund’s stock after selling 65,946 shares during the quarter. M&T Bank Corp’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $11,876,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of PDBC. Private Advisor Group LLC raised its stake 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 worth $1,748,000 after purchasing an additional 21,611 shares during the period. Nations Financial Group Inc. IA ADV raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 51,955 shares of the exchange traded fund’s stock worth $698,000 after acquiring an additional 1,575 shares during the period. Rockefeller Capital Management L.P. boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.1% in the third quarter. Rockefeller Capital Management L.P. now owns 125,533 shares of the exchange traded fund’s stock valued at $1,686,000 after acquiring an additional 6,141 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 1,058 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% in the 3rd quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock worth $8,841,000 after purchasing an additional 48,490 shares during the period.

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

Shares of NASDAQ PDBC opened at $13.27 on Friday. The stock has a fifty day simple moving average of $13.48 and a two-hundred day simple moving average of $13.57. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.60 and a 1-year high of $14.55.

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.