Bank of Nova Scotia Invests $13.04 Million in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Bank of Nova Scotia bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 2nd quarter, Holdings Channel.com reports. The fund bought 1,000,000 shares of the exchange traded fund’s stock, valued at approximately $13,040,000.

A number of other large investors have also added to or reduced their stakes in PDBC. Consultiva Wealth Management CORP. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 775 shares in the last quarter. HHM Wealth Advisors LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter worth $32,000. Atlantic Union Bankshares Corp acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at about $36,000. Financial Gravity Companies Inc. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at about $38,000. Finally, Investors Research Corp boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 347.7% in the second quarter. Investors Research Corp now owns 3,541 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 2,750 shares in the last quarter.

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

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.78 on Thursday. The firm’s 50 day simple moving average is $13.54 and its two-hundred day simple moving average is $13.34. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $14.00.

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