EverSource Wealth Advisors LLC Sells 2,327 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

EverSource Wealth Advisors LLC reduced its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 35.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,164 shares of the exchange traded fund’s stock after selling 2,327 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $54,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PDBC. Briaud Financial Planning Inc raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 43.1% during the 3rd quarter. Briaud Financial Planning Inc now owns 1,650,044 shares of the exchange traded fund’s stock valued at $22,160,000 after buying an additional 496,745 shares during the last quarter. Tradewinds LLC. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter worth $835,000. Integrated Investment Consultants LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter worth $342,000. Charles Schwab Investment Management Inc. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% in 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 purchasing an additional 364,421 shares in the last quarter. Finally, 49 Wealth Management LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 26.3% in the 3rd quarter. 49 Wealth Management LLC now owns 1,200,694 shares of the exchange traded fund’s stock worth $16,125,000 after purchasing an additional 249,822 shares in the last quarter.

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

Shares of NASDAQ PDBC opened at $13.48 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.60 and a 12 month high of $14.55. The firm has a fifty day simple moving average of $13.48 and a two-hundred day simple moving average of $13.42.

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

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