Legacy Wealth Partners LLC Buys New Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Legacy Wealth Partners LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 353,500 shares of the exchange traded fund’s stock, valued at approximately $6,123,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for 1.5% of Legacy Wealth Partners LLC’s holdings, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PDBC. Revolve Wealth Partners LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth $272,000. XTX Topco Ltd bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at $181,000. EverSource Wealth Advisors LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 781 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 37.5% during the second quarter. Qube Research & Technologies Ltd now owns 175,006 shares of the exchange traded fund’s stock worth $2,282,000 after buying an additional 47,711 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 85.9% during the second quarter. NewEdge Advisors LLC now owns 110,874 shares of the exchange traded fund’s stock worth $1,446,000 after buying an additional 51,248 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.1%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $16.18 on Wednesday. The firm’s fifty day moving average price is $17.72 and its two-hundred day moving average price is $15.90. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.87 and a 1-year high of $18.95.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.