Steel Grove Capital Advisors LLC Sells 47,571 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Steel Grove Capital Advisors LLC cut its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 75.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,105 shares of the exchange traded fund’s stock after selling 47,571 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $200,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Endowment Wealth Management Inc. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.3% in the 4th quarter. Endowment Wealth Management Inc. now owns 33,929 shares of the exchange traded fund’s stock worth $450,000 after purchasing an additional 2,888 shares in the last quarter. Cary Street Partners Financial LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.7% in the 4th quarter. Cary Street Partners Financial LLC now owns 14,974 shares of the exchange traded fund’s stock worth $198,000 after purchasing an additional 2,142 shares in the last quarter. North Forty Two & Co. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 14.6% in the 4th quarter. North Forty Two & Co. now owns 19,625 shares of the exchange traded fund’s stock worth $260,000 after purchasing an additional 2,500 shares in the last quarter. Narus Financial Partners LLC raised its holdings 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 purchasing an additional 697 shares in the last quarter. Finally, Kuhn & Co Investment Counsel raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.7% in the 4th quarter. Kuhn & Co Investment Counsel now owns 84,304 shares of the exchange traded fund’s stock worth $1,117,000 after purchasing an additional 6,063 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 1.7%

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.60 on Thursday. The company has a 50-day moving average of $17.72 and a 200 day moving average of $15.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.47 and a 1 year high of $18.95.

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.