Meridian Wealth Management LLC Sells 2,511 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Meridian Wealth Management LLC lessened its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 11.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,163 shares of the exchange traded fund’s stock after selling 2,511 shares during the quarter. Meridian Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $271,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Fifth Third Bancorp lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the second quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 1,058 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at $35,000. Zions Bancorporation N.A. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at $42,000. EverSource Wealth Advisors LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 83.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,628 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 35.1% in the second quarter. Larson Financial Group LLC now owns 4,632 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 1,203 shares during the period.

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

Shares of PDBC opened at $13.44 on Tuesday. The firm has a fifty day moving average price of $13.59 and a 200-day moving average price of $13.68. 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.

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.