Wealthspire Advisors LLC Has $786,000 Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Wealthspire Advisors LLC trimmed its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 18.5% during the fourth quarter, Holdings Channel reports. The firm owned 60,527 shares of the exchange traded fund’s stock after selling 13,735 shares during the quarter. Wealthspire Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $786,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Empower Advisory Group LLC increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% in the fourth quarter. Empower Advisory Group LLC now owns 28,109,278 shares of the exchange traded fund’s stock worth $365,140,000 after purchasing an additional 1,725,172 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,241,416 shares of the exchange traded fund’s stock worth $83,822,000 after buying an additional 364,421 shares during the period. FMR LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% during the 3rd quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock valued at $50,892,000 after acquiring an additional 1,019,984 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 62.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,075,200 shares of the exchange traded fund’s stock valued at $27,870,000 after acquiring an additional 798,300 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the fourth quarter. Park Avenue Securities LLC now owns 1,927,133 shares of the exchange traded fund’s stock worth $25,033,000 after acquiring an additional 46,962 shares in the last quarter.

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

Shares of PDBC opened at $13.56 on Wednesday. The stock has a 50-day moving average of $13.37 and a 200-day moving average of $13.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.55.

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

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.5747 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.