41,734 Shares in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Acquired by Abich Financial Wealth Management LLC

Abich Financial Wealth Management LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the third quarter, HoldingsChannel reports. The firm purchased 41,734 shares of the exchange traded fund’s stock, valued at approximately $560,000.

A number of other hedge funds have also modified their holdings of PDBC. Consultiva Wealth Management CORP. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the second quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 775 shares in the last quarter. HHM Wealth Advisors LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at about $32,000. Atlantic Union Bankshares Corp purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth approximately $36,000. Cape Investment Advisory Inc. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% in the 2nd quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 1,049 shares during the period. Finally, Financial Gravity Companies Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth about $38,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 2.3%

Shares of PDBC stock opened at $14.15 on Friday. The firm’s 50 day moving average price is $13.85 and its two-hundred day moving average price is $13.54. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $15.27.

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

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders 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 dividend yield of 383.0%.

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