Innova Wealth Partners Acquires New Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Innova Wealth Partners acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 51,217 shares of the exchange traded fund’s stock, valued at approximately $688,000.

A number of other large investors also recently bought and sold shares of PDBC. Consultiva Wealth Management CORP. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 775 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 781 shares during the period. FreeGulliver LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% during the second quarter. FreeGulliver LLC now owns 51,253 shares of the exchange traded fund’s stock valued at $668,000 after purchasing an additional 786 shares during the last quarter. Endowment Wealth Management Inc. increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.0% during the third quarter. Endowment Wealth Management Inc. now owns 31,041 shares of the exchange traded fund’s stock valued at $417,000 after purchasing an additional 918 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.3% during the second quarter. Geneos Wealth Management Inc. now owns 42,189 shares of the exchange traded fund’s stock worth $550,000 after purchasing an additional 951 shares during the period.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.47 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.02 and a 1 year high of $17.47. The firm’s 50-day moving average is $14.83 and its 200-day moving average is $13.95.

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

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.5086 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 383.0%.

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