McIlrath & Eck LLC Takes $2.52 Million Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

McIlrath & Eck LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 145,227 shares of the exchange traded fund’s stock, valued at approximately $2,515,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PDBC. Tucker Asset Management LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $34,000. Ascentis Independent Advisors bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter worth approximately $34,000. EverSource Wealth Advisors LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 781 shares during the period. Finally, Global Assets Advisory LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter worth approximately $73,000.

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

PDBC opened at $17.50 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.87 and a 1-year high of $18.95. The stock’s fifty day simple moving average is $17.03 and its 200 day simple moving average is $16.52.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.