MinichMacGregor Wealth Management LLC Invests $2.54 Million in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

MinichMacGregor Wealth Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 146,526 shares of the exchange traded fund’s stock, valued at approximately $2,538,000.

Several other institutional investors also recently modified their holdings of PDBC. Narus Financial Partners LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.4% in the 4th quarter. Narus Financial Partners LLC now owns 30,213 shares of the exchange traded fund’s stock worth $400,000 after buying an additional 697 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in 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 during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the exchange traded fund’s stock valued at $213,000 after buying an additional 791 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 42,189 shares of the exchange traded fund’s stock valued at $550,000 after buying an additional 951 shares in the last quarter. Finally, M1 Capital Management LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.2% during the 4th quarter. M1 Capital Management LLC now owns 11,634 shares of the exchange traded fund’s stock valued at $154,000 after buying an additional 984 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 2.5%

NASDAQ PDBC opened at $15.78 on Thursday. 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. The company has a fifty day moving average of $17.69 and a 200-day moving average of $15.91.

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.