Park Avenue Securities LLC Buys 52,428 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Park Avenue Securities LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,881,511 shares of the exchange traded fund’s stock after purchasing an additional 52,428 shares during the period. Park Avenue Securities LLC owned about 0.57% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $25,269,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PDBC. New England Capital Financial Advisors LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.9% in the third quarter. New England Capital Financial Advisors LLC now owns 251,681 shares of the exchange traded fund’s stock valued at $3,380,000 after buying an additional 4,626 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the third quarter. CoreCap Advisors LLC now owns 274,051 shares of the exchange traded fund’s stock worth $3,681,000 after buying an additional 10,176 shares in the last quarter. Almanack Investment Partners LLC. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at $136,000. Endeavor Private Wealth Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 46.0% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 64,886 shares of the exchange traded fund’s stock valued at $871,000 after acquiring an additional 20,456 shares during the last quarter. Finally, SigFig Wealth Management LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 12.7% during the 3rd quarter. SigFig Wealth Management LLC now owns 7,453,163 shares of the exchange traded fund’s stock valued at $100,468,000 after acquiring an additional 842,523 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.1%

Shares of PDBC opened at $13.55 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $14.00. The business has a 50-day simple moving average of $13.58 and a two-hundred day simple moving average of $13.38.

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

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders 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 dividend yield of 383.0%.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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.