Citigroup Inc. Grows Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Citigroup Inc. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 286.2% in the third quarter, Holdings Channel.com reports. The firm owned 334,062 shares of the exchange traded fund’s stock after buying an additional 247,558 shares during the period. Citigroup Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $4,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Northeast Financial Group Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.6% during the 3rd quarter. Northeast Financial Group Inc. now owns 500,687 shares of the exchange traded fund’s stock valued at $6,725,000 after buying an additional 181,027 shares in the last quarter. Avestar Capital LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 52.8% during the 3rd quarter. Avestar Capital LLC now owns 246,707 shares of the exchange traded fund’s stock valued at $3,313,000 after acquiring an additional 85,257 shares during the period. NewEdge Wealth LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 49.4% during the third quarter. NewEdge Wealth LLC now owns 39,978 shares of the exchange traded fund’s stock worth $543,000 after acquiring an additional 13,216 shares in the last quarter. Maridea Wealth Management LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 197.9% in the third quarter. Maridea Wealth Management LLC now owns 92,673 shares of the exchange traded fund’s stock worth $1,234,000 after acquiring an additional 61,563 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% in the third quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock worth $2,807,000 after acquiring an additional 199,419 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.9%

NASDAQ:PDBC opened at $15.56 on Thursday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.02 and a 52-week high of $15.71. The business’s fifty day moving average is $14.16 and its 200 day moving average is $13.70.

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

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.5086 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 383.0%.

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