Northeast Financial Group Inc. Invests $3.54 Million in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Northeast Financial Group Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 263,757 shares of the exchange traded fund’s stock, valued at approximately $3,542,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up 1.3% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 19th largest position. Northeast Financial Group Inc. owned approximately 0.08% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Fifth Third Bancorp grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 1,058 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at $35,000. Zions Bancorporation N.A. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at $42,000. Transcendent Capital Group LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% during the 1st quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 717 shares in the last quarter. Finally, Headlands Technologies LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 237.1% during the 1st quarter. Headlands Technologies LLC now owns 3,786 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 2,663 shares during the last quarter.

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

Shares of PDBC stock opened at $13.18 on Friday. The firm has a fifty day moving average of $13.52 and a two-hundred day moving average of $13.70. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.60 and a 1-year high of $14.69.

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.