Briaud Financial Planning Inc Purchases 496,745 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Briaud Financial Planning Inc lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 43.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,650,044 shares of the exchange traded fund’s stock after buying an additional 496,745 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up 11.4% of Briaud Financial Planning Inc’s holdings, making the stock its 4th biggest position. Briaud Financial Planning Inc owned 0.49% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $22,160,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Transcendent Capital Group LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% in the first quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 717 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the 3rd quarter. Harbour Investments Inc. now owns 20,071 shares of the exchange traded fund’s stock worth $270,000 after purchasing an additional 754 shares during the period. Axiom Advisory LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% during the 3rd quarter. Axiom Advisory LLC now owns 50,816 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 811 shares during the period. Verity Asset Management Inc. grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% in the 1st quarter. Verity Asset Management Inc. now owns 83,271 shares of the exchange traded fund’s stock valued at $1,155,000 after acquiring an additional 815 shares during the last quarter. Finally, Endowment Wealth Management Inc. grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.3% in the 3rd quarter. Endowment Wealth Management Inc. now owns 25,904 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 818 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.3 %

Shares of PDBC stock opened at $13.50 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.60 and a 1-year high of $14.69. The firm’s 50-day simple moving average is $13.55 and its 200-day simple moving average is $13.69.

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.