ALM First Financial Advisors LLC Purchases 70,464 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

ALM First Financial Advisors LLC boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 19.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 439,346 shares of the exchange traded fund’s stock after acquiring an additional 70,464 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up about 1.3% of ALM First Financial Advisors LLC’s portfolio, making the stock its 16th biggest position. ALM First Financial Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $5,707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PDBC. Envestnet Asset Management Inc. increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,709,495 shares of the exchange traded fund’s stock worth $66,168,000 after purchasing an additional 33,950 shares during the period. Waterloo Capital L.P. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth about $188,000. Carolinas Wealth Consulting LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 150.1% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 4,664 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 2,799 shares in the last quarter. Brighton Jones LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% during the 2nd quarter. Brighton Jones LLC now owns 24,455 shares of the exchange traded fund’s stock valued at $344,000 after buying an additional 1,735 shares in the last quarter. Finally, GM Advisory Group LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 38.0% in the 2nd quarter. GM Advisory Group LLC now owns 2,219,553 shares of the exchange traded fund’s stock valued at $31,185,000 after buying an additional 610,783 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.6 %

Shares of NASDAQ:PDBC opened at $13.58 on Friday. The firm’s 50 day simple moving average is $13.29 and its 200-day simple moving average is $13.46. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.55.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.5747 per share. The ex-dividend date was Monday, December 23rd.

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.