Beacon Capital Management Inc. Lowers Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Beacon Capital Management Inc. decreased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,186,383 shares of the exchange traded fund’s stock after selling 53,136 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up about 0.8% of Beacon Capital Management Inc.’s holdings, making the stock its 27th biggest holding. Beacon Capital Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $15,933,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Empower Advisory Group LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.0% during the 2nd quarter. Empower Advisory Group LLC now owns 31,466,599 shares of the exchange traded fund’s stock worth $410,324,000 after purchasing an additional 1,771,280 shares during the period. The Manufacturers Life Insurance Company lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.4% in the second quarter. The Manufacturers Life Insurance Company now owns 8,850,916 shares of the exchange traded fund’s stock valued at $115,416,000 after buying an additional 452,374 shares during the last quarter. SigFig Wealth Management LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% in the second quarter. SigFig Wealth Management LLC now owns 6,610,640 shares of the exchange traded fund’s stock valued at $86,136,000 after buying an additional 43,933 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,071,199 shares of the exchange traded fund’s stock worth $53,064,000 after buying an additional 491,161 shares during the period. Finally, Briaud Financial Planning Inc increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.2% during the second quarter. Briaud Financial Planning Inc now owns 2,540,275 shares of the exchange traded fund’s stock valued at $33,125,000 after acquiring an additional 30,796 shares during the last quarter.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.45 on Friday. The company’s 50 day simple moving average is $13.59 and its 200-day simple moving average is $13.39. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.02 and a 1 year high of $14.00.

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

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.5086 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 383.0%.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.