Farther Finance Advisors LLC Purchases 52,777 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Farther Finance Advisors LLC raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 58.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,569 shares of the exchange traded fund’s stock after purchasing an additional 52,777 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,915,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PDBC. Revolve Wealth Partners LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth about $272,000. Raymond James Financial Inc. boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 21.4% during the 1st quarter. Raymond James Financial Inc. now owns 336,558 shares of the exchange traded fund’s stock worth $4,587,000 after acquiring an additional 59,242 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 276.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 8,398,542 shares of the exchange traded fund’s stock worth $114,472,000 after acquiring an additional 6,167,308 shares in the last quarter. Vident Advisory LLC raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 18.4% in the first quarter. Vident Advisory LLC now owns 1,333,397 shares of the exchange traded fund’s stock valued at $18,174,000 after purchasing an additional 206,974 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 27.2% in the first quarter. Baird Financial Group Inc. now owns 155,041 shares of the exchange traded fund’s stock worth $2,113,000 after purchasing an additional 33,196 shares in the last quarter.

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

Shares of PDBC opened at $13.45 on Friday. 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. The firm has a fifty day simple moving average of $13.59 and a 200 day simple moving average of $13.39.

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

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.5086 per share. 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.