AE Wealth Management LLC Trims Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

AE Wealth Management LLC lessened its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 89.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 42,441 shares of the exchange traded fund’s stock after selling 366,487 shares during the quarter. AE Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $596,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Transcendent Capital Group LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% in the 1st quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 717 shares in the last quarter. Verity Asset Management Inc. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% in the first quarter. Verity Asset Management Inc. now owns 83,271 shares of the exchange traded fund’s stock valued at $1,155,000 after buying an additional 815 shares in the last quarter. PFG Investments LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% during the 2nd quarter. PFG Investments LLC now owns 14,467 shares of the exchange traded fund’s stock worth $203,000 after buying an additional 892 shares during the period. Innealta Capital LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.3% during the 2nd quarter. Innealta Capital LLC now owns 79,524 shares of the exchange traded fund’s stock valued at $1,117,000 after buying an additional 1,007 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 1,058 shares during the period.

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

Shares of NASDAQ PDBC opened at $13.41 on Friday. The firm has a fifty day moving average of $13.31 and a 200 day moving average of $13.80. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $15.22.

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.