Moulton Wealth Management Inc. Makes New $661,000 Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Moulton Wealth Management Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the second quarter, HoldingsChannel reports. The institutional investor bought 41,753 shares of the exchange traded fund’s stock, valued at approximately $661,000.

Several other institutional investors also recently made changes to their positions in PDBC. Morgan Stanley grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% during the 4th quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock worth $252,770,000 after purchasing an additional 784,292 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 8,788,312 shares of the exchange traded fund’s stock valued at $116,450,000 after purchasing an additional 513,683 shares during the period. Bank of America Corp DE boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the first quarter. Bank of America Corp DE now owns 4,899,404 shares of the exchange traded fund’s stock worth $84,858,000 after buying an additional 183,866 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock worth $41,711,000 after buying an additional 77,195 shares in the last quarter. Finally, Briaud Financial Planning Inc grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% during the fourth quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock worth $36,693,000 after buying an additional 60,012 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 2.0%

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $16.90 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.87 and a 12-month high of $18.95. The company has a 50-day moving average of $16.97 and a two-hundred day moving average of $16.59.

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.