GM Advisory Group LLC Has $31.19 Million Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

GM Advisory Group LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 38.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,219,553 shares of the exchange traded fund’s stock after acquiring an additional 610,783 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for 2.0% of GM Advisory Group LLC’s portfolio, making the stock its 15th largest position. GM Advisory Group LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $31,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Securities Inc. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $60,000. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 18.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 41,166 shares of the exchange traded fund’s stock worth $548,000 after acquiring an additional 6,304 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $34,000. Sand Hill Global Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $558,000. Finally, US Bancorp DE increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.8% during the 4th quarter. US Bancorp DE now owns 53,661 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 1,454 shares in the last quarter.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.40 on Friday. The business’s fifty day moving average is $13.36 and its two-hundred day moving average is $13.80. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.60 and a 52 week high of $15.33.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.