Magnus Financial Group LLC Has $933,000 Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Magnus Financial Group LLC decreased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 81.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,445 shares of the exchange traded fund’s stock after selling 300,105 shares during the quarter. Magnus Financial Group LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $933,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Consultiva Wealth Management CORP. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 775 shares during the last quarter. HHM Wealth Advisors LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $32,000. Atlantic Union Bankshares Corp acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $36,000. Cape Investment Advisory Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% during the second quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 1,049 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth $38,000.

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

Shares of PDBC stock opened at $13.77 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.02 and a twelve month high of $14.03. The stock’s fifty day simple moving average is $13.59 and its 200 day simple moving average is $13.41.

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

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.5086 per share. This represents a yield of 383.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.