The Manufacturers Life Insurance Company Cuts Stock Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

The Manufacturers Life Insurance Company reduced its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 31.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,226,486 shares of the exchange traded fund’s stock after selling 560,724 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $16,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of PDBC. Private Trust Co. NA lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% during the third quarter. Private Trust Co. NA now owns 4,637 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 2,067 shares during the last quarter. Hancock Whitney Corp raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.3% during the 3rd quarter. Hancock Whitney Corp now owns 385,986 shares of the exchange traded fund’s stock valued at $5,184,000 after buying an additional 29,543 shares in the last quarter. Bedell Frazier Investment Counselling LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.1% in the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 381,030 shares of the exchange traded fund’s stock worth $5,117,000 after buying an additional 7,726 shares during the last quarter. Larson Financial Group LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 162.1% in the third quarter. Larson Financial Group LLC now owns 12,140 shares of the exchange traded fund’s stock worth $163,000 after buying an additional 7,508 shares in the last quarter. Finally, Great Valley Advisor Group Inc. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at approximately $139,000.

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

Shares of PDBC opened at $13.40 on Monday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.60 and a fifty-two week high of $14.69. The firm has a 50 day moving average price of $13.60 and a 200-day moving average price of $13.66.

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.