Avestar Capital LLC Purchases 85,257 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Avestar Capital LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 52.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 246,707 shares of the exchange traded fund’s stock after purchasing an additional 85,257 shares during the period. Avestar Capital LLC owned about 0.07% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $3,313,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PDBC. NewEdge Wealth LLC increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 49.4% in the 3rd quarter. NewEdge Wealth LLC now owns 39,978 shares of the exchange traded fund’s stock valued at $543,000 after buying an additional 13,216 shares during the period. Maridea Wealth Management LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 197.9% in the 3rd quarter. Maridea Wealth Management LLC now owns 92,673 shares of the exchange traded fund’s stock valued at $1,234,000 after purchasing an additional 61,563 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock worth $2,807,000 after buying an additional 199,419 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the 3rd quarter. HighTower Advisors LLC now owns 2,296,812 shares of the exchange traded fund’s stock worth $30,846,000 after buying an additional 86,849 shares during the period. Finally, CENTRAL TRUST Co acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at $43,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 2.7%

Shares of NASDAQ:PDBC opened at $14.41 on Thursday. The business’s fifty day moving average price is $13.88 and its two-hundred day moving average price is $13.57. 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 $15.27.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.5086 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 383.0%.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.