Legacy Wealth Partners LLC Makes New Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Legacy Wealth Partners LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 353,500 shares of the exchange traded fund’s stock, valued at approximately $6,123,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 1.5% of Legacy Wealth Partners LLC’s portfolio, making the stock its 15th largest position. Legacy Wealth Partners LLC owned approximately 0.10% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PDBC. Pacifica Partners Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $26,000. Tucker Asset Management LLC acquired a new position 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 position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $34,000. EverSource Wealth Advisors LLC boosted its holdings 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 buying an additional 781 shares in the last quarter. Finally, Reyes Financial Architecture Inc. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1,150.9% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 5,041 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 4,638 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.1%

Shares of PDBC stock opened at $16.18 on Wednesday. The firm has a 50 day moving average of $17.72 and a 200-day moving average of $15.90. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.87 and a 52 week high of $18.95.

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.