Northeast Financial Group Inc. Acquires New Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Northeast Financial Group Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 263,757 shares of the exchange traded fund’s stock, valued at approximately $3,542,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up about 1.3% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 19th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PDBC. Empower Advisory Group LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% during the third quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock valued at $354,339,000 after purchasing an additional 1,834,864 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth approximately $21,533,000. 1832 Asset Management L.P. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter worth approximately $20,963,000. New York Life Investment Management LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3,745.8% in the second quarter. New York Life Investment Management LLC now owns 1,125,982 shares of the exchange traded fund’s stock worth $15,820,000 after acquiring an additional 1,096,704 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 59,605.6% in the third quarter. International Assets Investment Management LLC now owns 932,602 shares of the exchange traded fund’s stock worth $12,525,000 after acquiring an additional 931,040 shares in the last quarter.

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

PDBC stock opened at $13.18 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.60 and a 12 month high of $14.69. The firm has a 50 day moving average of $13.52 and a two-hundred day moving average of $13.70.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 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.