Belpointe Asset Management LLC Grows Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Belpointe Asset Management LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 545.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,809 shares of the exchange traded fund’s stock after acquiring an additional 67,440 shares during the quarter. Belpointe Asset Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,065,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 102.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 1,500 shares during the last quarter. Trust Co. of Vermont grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 40.8% during the fourth quarter. Trust Co. of Vermont now owns 4,489 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 1,300 shares in the last quarter. Elios Financial Group Inc. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $132,000. Ethos Financial Group LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $137,000. Finally, TRUE Private Wealth Advisors acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $153,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.2 %

PDBC stock opened at $12.64 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.02 and a one year high of $14.50. The company has a 50 day moving average price of $13.31 and a two-hundred day moving average price of $13.40.

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.