Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Shares Sold by LFA Lugano Financial Advisors SA

LFA Lugano Financial Advisors SA lessened its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 57.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,565 shares of the exchange traded fund’s stock after selling 61,531 shares during the period. LFA Lugano Financial Advisors SA’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $612,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.1% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 77,922 shares of the exchange traded fund’s stock worth $1,046,000 after acquiring an additional 2,355 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 18.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 289,571 shares of the exchange traded fund’s stock valued at $3,935,000 after purchasing an additional 44,275 shares in the last quarter. United Community Bank bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth about $65,000. Thrivent Financial for Lutherans bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth about $1,431,000. Finally, McKinley Carter Wealth Services Inc. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth about $161,000.

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

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $14.12 on Friday. The business has a 50-day moving average price of $13.79 and a 200 day moving average price of $13.51. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $15.27.

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

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.5086 per share. This represents a dividend 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.