Kensington Asset Management LLC Invests $2.93 Million in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Kensington Asset Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 168,991 shares of the exchange traded fund’s stock, valued at approximately $2,927,000.

Other large investors also recently modified their holdings of the company. TrueWealth Financial Partners bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter valued at about $210,000. McIlrath & Eck LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter worth about $2,515,000. Bank of America Corp DE grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 4,899,404 shares of the exchange traded fund’s stock valued at $84,858,000 after purchasing an additional 183,866 shares during the period. Arkadios Wealth Advisors grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.9% during the 1st quarter. Arkadios Wealth Advisors now owns 779,151 shares of the exchange traded fund’s stock valued at $13,495,000 after purchasing an additional 150,499 shares during the period. Finally, IFS Group LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at about $485,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.4%

NASDAQ PDBC opened at $17.57 on Friday. The company has a 50-day moving average price of $17.01 and a 200-day moving average price of $16.52. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.87 and a 52 week 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.