Maridea Wealth Management LLC Has $1.23 Million Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Maridea Wealth Management LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 197.9% during the third quarter, Holdings Channel reports. The firm owned 92,673 shares of the exchange traded fund’s stock after acquiring an additional 61,563 shares during the period. Maridea Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Consultiva Wealth Management CORP. increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 775 shares during the period. HHM Wealth Advisors LLC acquired a new stake 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 bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $36,000. Cape Investment Advisory Inc. increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% in the second quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 1,049 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at approximately $38,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.0%

Shares of PDBC stock opened at $14.03 on Wednesday. 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’s fifty day moving average price is $13.87 and its two-hundred day moving average price is $13.56.

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

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