51,217 Shares in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Acquired by Innova Wealth Partners

Innova Wealth Partners acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the third quarter, Holdings Channel reports. The fund acquired 51,217 shares of the exchange traded fund’s stock, valued at approximately $688,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Tidal Investments LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 803.0% in the second quarter. Tidal Investments LLC now owns 2,350,844 shares of the exchange traded fund’s stock worth $30,655,000 after buying an additional 2,090,507 shares during the period. Beacon Capital Management Inc. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at $16,163,000. Quadrature Capital Ltd boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,599.8% during the second quarter. Quadrature Capital Ltd now owns 1,160,203 shares of the exchange traded fund’s stock valued at $15,123,000 after acquiring an additional 1,117,229 shares during the period. Bank of Nova Scotia bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth about $13,040,000. Finally, Barclays PLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 396.7% during the third quarter. Barclays PLC now owns 1,072,300 shares of the exchange traded fund’s stock worth $14,401,000 after acquiring an additional 856,400 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.7%

PDBC stock opened at $17.47 on Thursday. The firm’s 50-day simple moving average is $14.83 and its 200 day simple moving average is $13.95. 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 $17.47.

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. Shareholders of record on Monday, December 22nd were paid a $0.5086 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend 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.