Hsbc Holdings PLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 54.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,021,000 shares of the exchange traded fund’s stock after purchasing an additional 360,000 shares during the period. Hsbc Holdings PLC owned approximately 0.29% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $17,684,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of PDBC. Morgan Stanley lifted its holdings in 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 worth $252,770,000 after buying an additional 784,292 shares during the period. The Manufacturers Life Insurance Company boosted its position in 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 valued at $116,450,000 after acquiring an additional 513,683 shares in the last quarter. SigFig Wealth Management LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the 4th quarter. SigFig Wealth Management LLC now owns 7,636,200 shares of the exchange traded fund’s stock worth $101,179,000 after acquiring an additional 183,037 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 worth $41,711,000 after acquiring an additional 77,195 shares during the period. Finally, Briaud Financial Planning Inc raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% in the 4th quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock worth $36,693,000 after acquiring an additional 60,012 shares in the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance
PDBC opened at $17.65 on Wednesday. The business has a 50 day moving average of $17.16 and a 200-day moving average of $16.31. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.87 and a 52 week high of $18.95.
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.
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