Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) is Marion Wealth Management’s 8th Largest Position

Marion Wealth Management raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 9.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 911,614 shares of the exchange traded fund’s stock after acquiring an additional 78,887 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up 3.3% of Marion Wealth Management’s investment portfolio, making the stock its 8th largest position. Marion Wealth Management owned approximately 0.28% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $12,243,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. SigFig Wealth Management LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the 2nd quarter. SigFig Wealth Management LLC now owns 5,640,243 shares of the exchange traded fund’s stock valued at $79,245,000 after buying an additional 191,637 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.7% in 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 acquiring an additional 33,950 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,218,360 shares of the exchange traded fund’s stock valued at $45,218,000 after acquiring an additional 31,430 shares in the last quarter. GM Advisory Group LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 38.0% during the second quarter. GM Advisory Group LLC now owns 2,219,553 shares of the exchange traded fund’s stock valued at $31,185,000 after acquiring an additional 610,783 shares during the last quarter. Finally, Park Avenue Securities LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.6% during the 1st quarter. Park Avenue Securities LLC now owns 1,921,950 shares of the exchange traded fund’s stock worth $26,657,000 after purchasing an additional 49,237 shares in the last quarter.

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

NASDAQ:PDBC opened at $14.04 on Tuesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.60 and a 12-month high of $15.22. The company’s 50-day moving average is $13.35 and its two-hundred day moving average is $13.81.

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.