Principal Financial Group Inc. Reduces Stock Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Principal Financial Group Inc. cut its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 45.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 391,970 shares of the exchange traded fund’s stock after selling 322,950 shares during the period. Principal Financial Group Inc. owned about 0.12% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $5,264,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Consultiva Wealth Management CORP. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the second 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 in the last quarter. HHM Wealth Advisors LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $32,000. Atlantic Union Bankshares Corp acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $36,000. Financial Gravity Companies Inc. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at approximately $38,000. Finally, Cape Investment Advisory Inc. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 1,049 shares during the last quarter.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $14.17 on Friday. 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. The stock has a fifty day moving average of $13.85 and a two-hundred day moving average of $13.55.

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

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

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.