146,526 Shares in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Acquired by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 146,526 shares of the exchange traded fund’s stock, valued at approximately $2,538,000.

Other large investors have also recently made changes to their positions in the company. Marion Wealth Management lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% in the fourth quarter. Marion Wealth Management now owns 1,122,132 shares of the exchange traded fund’s stock worth $16,091,000 after purchasing an additional 52,698 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% during the third quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock valued at $2,807,000 after buying an additional 199,419 shares during the period. Rede Wealth LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at about $528,000. Briaud Financial Planning Inc grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% during the fourth quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock valued at $36,693,000 after buying an additional 60,012 shares during the last quarter. Finally, Innova Wealth Partners bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at about $688,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 2.5%

PDBC opened at $15.78 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.87 and a 12 month high of $18.95. The business’s 50-day moving average price is $17.69 and its 200-day moving average price is $15.91.

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.