Axxcess Wealth Management LLC Buys 174,670 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Axxcess Wealth Management LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 609.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 203,351 shares of the exchange traded fund’s stock after purchasing an additional 174,670 shares during the quarter. Axxcess Wealth Management LLC owned about 0.06% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $2,642,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PDBC. PNC Financial Services Group Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 102.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 1,500 shares during the period. Trust Co. of Vermont boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 40.8% in the fourth quarter. Trust Co. of Vermont now owns 4,489 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 1,300 shares in the last quarter. Private Trust Co. NA grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% in the third quarter. Private Trust Co. NA now owns 4,637 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 2,067 shares during the period. Great Valley Advisor Group Inc. bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at approximately $139,000. Finally, Ethos Financial Group LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $137,000.

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

NASDAQ PDBC opened at $13.40 on Wednesday. The company has a fifty day simple moving average of $13.47 and a 200 day simple moving average of $13.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.60 and a 12-month high of $14.55.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.5747 per share. The ex-dividend date was Monday, December 23rd.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.