Duncan Williams Asset Management LLC Makes New Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Duncan Williams Asset Management LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 23,147 shares of the exchange traded fund’s stock, valued at approximately $311,000.

Several other hedge funds also recently made changes to their positions in PDBC. Transcendent Capital Group LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% during the 1st quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 717 shares in the last quarter. Verity Asset Management Inc. increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% during 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 purchasing an additional 815 shares in the last quarter. PFG Investments LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% during the second quarter. PFG Investments LLC now owns 14,467 shares of the exchange traded fund’s stock valued at $203,000 after purchasing an additional 892 shares during the last quarter. Abich Financial Wealth Management LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.9% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 9,903 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 896 shares in the last quarter. Finally, Innealta Capital LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.3% in the 2nd quarter. Innealta Capital LLC now owns 79,524 shares of the exchange traded fund’s stock worth $1,117,000 after buying an additional 1,007 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.6 %

PDBC opened at $13.99 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.60 and a 1 year high of $15.22. The stock has a 50-day moving average price of $13.32 and a 200-day moving average price of $13.80.

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.