Endowment Wealth Management Inc. Acquires 2,020 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Endowment Wealth Management Inc. lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 7.8% during the 4th quarter, Holdings Channel reports. The firm owned 27,924 shares of the exchange traded fund’s stock after acquiring an additional 2,020 shares during the period. Endowment Wealth Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $363,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PDBC. Principal Financial Group Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% during the 3rd quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock worth $8,841,000 after acquiring an additional 48,490 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at $35,000. Nations Financial Group Inc. IA ADV grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 51,955 shares of the exchange traded fund’s stock valued at $698,000 after purchasing an additional 1,575 shares in the last quarter. Harbour Investments Inc. raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the third quarter. Harbour Investments Inc. now owns 20,071 shares of the exchange traded fund’s stock worth $270,000 after acquiring an additional 754 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% during the third quarter. Ashton Thomas Private Wealth LLC now owns 143,561 shares of the exchange traded fund’s stock worth $1,928,000 after purchasing an additional 4,815 shares during the period.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.24 on Tuesday. The stock’s fifty day moving average price is $13.43 and its two-hundred day moving average price is $13.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.55.

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

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.5747 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.