Montag & Caldwell LLC Takes $42,000 Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Montag & Caldwell LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,256 shares of the exchange traded fund’s stock, valued at approximately $42,000.

A number of other hedge funds have also recently made changes to their positions in PDBC. Envestnet Portfolio Solutions Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 43,607 shares of the exchange traded fund’s stock valued at $566,000 after buying an additional 2,907 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% in the third quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock worth $8,841,000 after purchasing an additional 48,490 shares during the last quarter. US Bancorp DE increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 10.3% during the fourth quarter. US Bancorp DE now owns 86,052 shares of the exchange traded fund’s stock worth $1,118,000 after purchasing an additional 8,025 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth $197,000. Finally, Raymond James Financial Inc. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $3,602,000.

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

Shares of PDBC stock opened at $12.67 on Tuesday. The stock’s 50-day simple moving average is $13.32 and its 200-day simple moving average is $13.40. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $14.50.

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.