Echo45 Advisors LLC Decreases Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Echo45 Advisors LLC decreased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 26.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 790,202 shares of the exchange traded fund’s stock after selling 276,949 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises 6.8% of Echo45 Advisors LLC’s portfolio, making the stock its 4th biggest holding. Echo45 Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $10,312,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 128.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,557 shares of the exchange traded fund’s stock worth $144,000 after purchasing an additional 5,929 shares in the last quarter. Toronto Dominion Bank bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth about $11,240,000. Abich Financial Wealth Management LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.9% in the second quarter. Abich Financial Wealth Management LLC now owns 9,903 shares of the exchange traded fund’s stock worth $139,000 after buying an additional 896 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,218,360 shares of the exchange traded fund’s stock valued at $45,218,000 after buying an additional 31,430 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at approximately $248,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.2 %

NASDAQ:PDBC opened at $13.54 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.60 and a 1 year high of $14.55. The stock’s 50 day simple moving average is $13.31 and its two-hundred day simple moving average is $13.44.

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

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.5747 dividend. The ex-dividend date was Monday, December 23rd.

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.