Meridian Wealth Management LLC Has $249,000 Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Meridian Wealth Management LLC trimmed its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,199 shares of the exchange traded fund’s stock after selling 964 shares during the quarter. Meridian Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $249,000 at the end of the most recent quarter.

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

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

PDBC stock opened at $13.25 on Thursday. The firm has a 50 day simple moving average of $13.40 and a 200 day simple moving average of $13.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.60 and a 52 week high of $14.55.

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

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

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.