Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Shares Acquired by Tidal Investments LLC

Tidal Investments LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 22.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,587,034 shares of the exchange traded fund’s stock after purchasing an additional 473,522 shares during the quarter. Tidal Investments LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $41,082,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Morgan Stanley lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% in the fourth quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock worth $252,770,000 after acquiring an additional 784,292 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 8,788,312 shares of the exchange traded fund’s stock valued at $116,450,000 after acquiring an additional 513,683 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the first 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 last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock valued at $41,711,000 after purchasing an additional 77,195 shares during the last quarter. Finally, GM Advisory Group LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.7% during the 1st quarter. GM Advisory Group LLC now owns 2,385,149 shares of the exchange traded fund’s stock worth $41,311,000 after purchasing an additional 40,591 shares during the period.

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

Shares of NASDAQ PDBC opened at $19.60 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $13.10 and a 12-month high of $19.61. The stock’s 50 day simple moving average is $17.72 and its 200 day simple moving average is $17.34.

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.