MAI Capital Management Grows Stock Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

MAI Capital Management boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 841,682 shares of the exchange traded fund’s stock after buying an additional 36,644 shares during the quarter. MAI Capital Management owned 0.25% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $11,304,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tidal Investments LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 803.0% in the 2nd quarter. Tidal Investments LLC now owns 2,350,844 shares of the exchange traded fund’s stock worth $30,655,000 after acquiring an additional 2,090,507 shares during the period. Empower Advisory Group LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.0% during the second quarter. Empower Advisory Group LLC now owns 31,466,599 shares of the exchange traded fund’s stock worth $410,324,000 after purchasing an additional 1,771,280 shares in the last quarter. Beacon Capital Management Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at $16,163,000. Quadrature Capital Ltd increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,599.8% in the second quarter. Quadrature Capital Ltd now owns 1,160,203 shares of the exchange traded fund’s stock valued at $15,123,000 after buying an additional 1,117,229 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth $13,040,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.1%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $14.71 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.02 and a 52 week high of $15.27. The firm’s 50-day simple moving average is $13.99 and its 200 day simple moving average is $13.62.

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

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.5086 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 383.0%.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.