Wealth Management Resources Inc. Reduces Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Wealth Management Resources Inc. trimmed its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 190,552 shares of the exchange traded fund’s stock after selling 9,033 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up 0.8% of Wealth Management Resources Inc.’s holdings, making the stock its 19th biggest position. Wealth Management Resources Inc. owned approximately 0.06% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $2,485,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 31.3% in the second quarter. IFP Advisors Inc now owns 94,063 shares of the exchange traded fund’s stock valued at $1,227,000 after acquiring an additional 22,407 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.0% in the second quarter. Vontobel Holding Ltd. now owns 16,119 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 1,052 shares during the last quarter. Simplicity Wealth LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 279.9% in the second quarter. Simplicity Wealth LLC now owns 69,610 shares of the exchange traded fund’s stock valued at $908,000 after acquiring an additional 51,287 shares during the last quarter. Curran Financial Partners LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.4% in the second quarter. Curran Financial Partners LLC now owns 54,518 shares of the exchange traded fund’s stock valued at $711,000 after acquiring an additional 9,980 shares during the last quarter. Finally, Greenwood Capital Associates LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 11.5% in the second quarter. Greenwood Capital Associates LLC now owns 45,894 shares of the exchange traded fund’s stock valued at $598,000 after acquiring an additional 4,737 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 2.1%

PDBC opened at $13.16 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.02 and a twelve month high of $14.10. The company’s 50-day moving average price is $13.25 and its two-hundred day moving average price is $13.11.

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.