Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Stake Lessened by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,027,395 shares of the exchange traded fund’s stock after selling 299,920 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $52,316,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PDBC. Arete Wealth Advisors LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% during the 4th quarter. Arete Wealth Advisors LLC now owns 295,330 shares of the exchange traded fund’s stock valued at $3,837,000 after purchasing an additional 4,634 shares during the period. Bedell Frazier Investment Counselling LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 72.8% during the fourth quarter. Bedell Frazier Investment Counselling LLC now owns 658,519 shares of the exchange traded fund’s stock worth $8,554,000 after acquiring an additional 277,489 shares during the period. FSB Premier Wealth Management Inc. raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.0% in the fourth quarter. FSB Premier Wealth Management Inc. now owns 42,211 shares of the exchange traded fund’s stock worth $548,000 after acquiring an additional 840 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.6% in the fourth quarter. Orion Portfolio Solutions LLC now owns 35,913 shares of the exchange traded fund’s stock worth $467,000 after acquiring an additional 1,250 shares in the last quarter. Finally, Congress Wealth Management LLC DE lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.3% in the 4th quarter. Congress Wealth Management LLC DE now owns 127,257 shares of the exchange traded fund’s stock valued at $1,653,000 after acquiring an additional 14,922 shares during the last quarter.

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

Shares of PDBC opened at $12.51 on Friday. The firm’s 50 day moving average is $13.35 and its 200-day moving average is $13.41. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $14.55.

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.