Town Capital LLC Takes $1.15 Million Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Town Capital LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 66,377 shares of the exchange traded fund’s stock, valued at approximately $1,150,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for about 0.9% of Town Capital LLC’s portfolio, making the stock its 22nd biggest holding.

Other large investors have also recently bought and sold shares of the company. Tidal Investments LLC grew its position in 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 purchasing an additional 2,090,507 shares during the last quarter. Barclays PLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 396.7% in the third quarter. Barclays PLC now owns 1,072,300 shares of the exchange traded fund’s stock valued at $14,401,000 after buying an additional 856,400 shares during the period. Janney Montgomery Scott LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5,827.4% during the first quarter. Janney Montgomery Scott LLC now owns 829,660 shares of the exchange traded fund’s stock worth $14,370,000 after buying an additional 815,663 shares in the last quarter. Morgan Stanley grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% during the fourth quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock worth $252,770,000 after buying an additional 784,292 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter valued at about $12,448,000.

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

Shares of PDBC opened at $17.57 on Monday. The stock’s 50-day moving average price is $17.01 and its 200 day moving average price is $16.54. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.87 and a 12-month 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.