GM Advisory Group LLC Has $31.19 Million Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

GM Advisory Group LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 38.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,219,553 shares of the exchange traded fund’s stock after acquiring an additional 610,783 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises approximately 2.0% of GM Advisory Group LLC’s holdings, making the stock its 15th largest holding. GM Advisory Group LLC owned 0.62% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $31,185,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PDBC. Brighton Jones LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% in the 2nd quarter. Brighton Jones LLC now owns 24,455 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 1,735 shares in the last quarter. Carolinas Wealth Consulting LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 150.1% during the second quarter. Carolinas Wealth Consulting LLC now owns 4,664 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 2,799 shares during the period. Waterloo Capital L.P. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth $188,000. SigFig Wealth Management LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the second quarter. SigFig Wealth Management LLC now owns 5,640,243 shares of the exchange traded fund’s stock worth $79,245,000 after purchasing an additional 191,637 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,709,495 shares of the exchange traded fund’s stock worth $66,168,000 after buying an additional 33,950 shares in the last quarter.

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

Shares of PDBC stock opened at $13.40 on Friday. The firm has a fifty day moving average of $13.36 and a 200-day moving average of $13.80. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.60 and a 52-week high of $15.33.

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.