Northeast Financial Group Inc. Buys 181,027 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Northeast Financial Group Inc. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 56.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 500,687 shares of the exchange traded fund’s stock after acquiring an additional 181,027 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 1.7% of Northeast Financial Group Inc.’s holdings, making the stock its 22nd largest position. Northeast Financial Group Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $6,725,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PDBC. Revolve Wealth Partners LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $272,000. Stratos Wealth Partners LTD. boosted its holdings in shares of 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 valued at $204,000 after buying an additional 834 shares in the last quarter. Brookstone Capital Management grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.9% in 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 during the period. Freedom Investment Management Inc. increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.8% in the 2nd quarter. Freedom Investment Management Inc. now owns 116,452 shares of the exchange traded fund’s stock worth $1,519,000 after acquiring an additional 2,003 shares in the last quarter. Finally, Bleakley Financial Group LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth about $561,000.

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

NASDAQ:PDBC opened at $14.53 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.02 and a one year high of $15.27. The company’s 50-day simple moving average is $13.90 and its 200 day simple moving average is $13.57.

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

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.5086 dividend. This represents a dividend yield of 383.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.