Axxcess Wealth Management LLC Has $2.49 Million Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Axxcess Wealth Management LLC reduced its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 16.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 185,092 shares of the exchange traded fund’s stock after selling 35,562 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $2,486,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in PDBC. Consultiva Wealth Management CORP. increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 775 shares during the last quarter. HHM Wealth Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth approximately $32,000. Atlantic Union Bankshares Corp acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at approximately $36,000. Financial Gravity Companies Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth $38,000. Finally, Cape Investment Advisory Inc. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% during 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.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.8%

NASDAQ:PDBC opened at $14.53 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.02 and a 1 year high of $15.27. The firm’s fifty day simple moving average is $13.90 and its 200 day simple moving average is $13.57.

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

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.5086 per share. The ex-dividend date 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.