Principal Financial Group Inc. Buys 48,490 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Principal Financial Group Inc. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 8.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 658,320 shares of the exchange traded fund’s stock after acquiring an additional 48,490 shares during the quarter. Principal Financial Group Inc. owned about 0.20% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $8,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of PDBC. Fifth Third Bancorp increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the second quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 1,058 shares during the period. Zions Bancorporation N.A. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth $42,000. Transcendent Capital Group LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% in the first quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 717 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 83.4% in the first quarter. EverSource Wealth Advisors LLC now owns 4,628 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 2,105 shares during the period. Finally, Larson Financial Group LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 35.1% in the second quarter. Larson Financial Group LLC now owns 4,632 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 1,203 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 2.1 %

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.46 on Tuesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.60 and a fifty-two week high of $14.69. The firm’s fifty day moving average price is $13.53 and its 200-day moving average price is $13.70.

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.