Wealth Enhancement Advisory Services LLC Grows Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Wealth Enhancement Advisory Services LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 384.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 771,191 shares of the exchange traded fund’s stock after buying an additional 611,991 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $10,835,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PDBC. Eagle Bay Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at approximately $29,000. EverSource Wealth Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at approximately $34,000. YHB Investment Advisors Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at approximately $34,000. Versant Capital Management Inc bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at approximately $36,000. Finally, Transcendent Capital Group LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $38,000.

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

Shares of PDBC traded down $0.06 during mid-day trading on Wednesday, reaching $13.40. The company had a trading volume of 842,904 shares, compared to its average volume of 3,406,415. The firm has a 50-day moving average price of $13.82 and a 200 day moving average price of $13.83. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.97 and a 52 week high of $15.35.

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.