Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Shares Bought by Marion Wealth Management

Marion Wealth Management lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,122,132 shares of the exchange traded fund’s stock after buying an additional 52,698 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises 3.6% of Marion Wealth Management’s holdings, making the stock its 5th biggest position. Marion Wealth Management owned 0.33% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $16,091,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of 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. Stratos Wealth Partners LTD. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the exchange traded fund’s stock worth $213,000 after purchasing an additional 791 shares during the period. Endowment Wealth Management Inc. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.0% in the third quarter. Endowment Wealth Management Inc. now owns 31,041 shares of the exchange traded fund’s stock worth $417,000 after purchasing an additional 918 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.3% in 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. Finally, Accurate Wealth Management LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.9% in the third quarter. Accurate Wealth Management LLC now owns 33,522 shares of the exchange traded fund’s stock worth $441,000 after purchasing an additional 954 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.7%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $17.35 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.35 and a 12-month high of $17.77. The business’s 50-day moving average price is $16.13 and its two-hundred day moving average price is $14.51.

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.