Avestar Capital LLC Has $3.31 Million Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Avestar Capital LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 52.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 246,707 shares of the exchange traded fund’s stock after buying an additional 85,257 shares during the quarter. Avestar Capital LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $3,313,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Revolve Wealth Partners LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at about $272,000. Harbour Investments Inc. raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.4% in the 2nd quarter. Harbour Investments Inc. now owns 21,191 shares of the exchange traded fund’s stock worth $276,000 after purchasing an additional 1,824 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 15,618 shares of the exchange traded fund’s stock worth $204,000 after buying an additional 834 shares in the last quarter. Brookstone Capital Management lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.9% during the 2nd quarter. Brookstone Capital Management now owns 489,753 shares of the exchange traded fund’s stock worth $6,386,000 after buying an additional 59,797 shares in the last quarter. Finally, Exencial Wealth Advisors LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.8% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 948,216 shares of the exchange traded fund’s stock valued at $12,365,000 after buying an additional 16,889 shares during the last quarter.

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

PDBC stock opened at $14.41 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.02 and a twelve month high of $15.27. The business has a fifty day moving average of $13.88 and a 200-day moving average of $13.57.

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 dividend of $0.5086 per share. The ex-dividend date was Monday, December 22nd. This represents a 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.