Evanson Financial LLC Purchases New Shares in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Evanson Financial LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 35,386 shares of the exchange traded fund’s stock, valued at approximately $562,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Morgan Stanley raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% in the fourth quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock valued at $252,770,000 after acquiring an additional 784,292 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 8,788,312 shares of the exchange traded fund’s stock worth $116,450,000 after purchasing an additional 513,683 shares during the period. Bank of America Corp DE boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 4,899,404 shares of the exchange traded fund’s stock worth $84,858,000 after purchasing an additional 183,866 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock valued at $41,711,000 after purchasing an additional 77,195 shares during the last quarter. Finally, Briaud Financial Planning Inc grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% during the 4th quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock valued at $36,693,000 after purchasing an additional 60,012 shares during the last quarter.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.25 on Friday. 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. The company’s 50-day moving average is $16.94 and its 200 day moving average is $16.64.

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.