Bank of New York Mellon Corp Grows Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Bank of New York Mellon Corp raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 907,833 shares of the exchange traded fund’s stock after purchasing an additional 57,292 shares during the period. Bank of New York Mellon Corp owned 0.28% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $11,793,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Empower Advisory Group LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% in the 4th quarter. Empower Advisory Group LLC now owns 28,109,278 shares of the exchange traded fund’s stock worth $365,140,000 after buying an additional 1,725,172 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,241,416 shares of the exchange traded fund’s stock worth $83,822,000 after acquiring an additional 364,421 shares in the last quarter. FMR LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% in the third quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock worth $50,892,000 after acquiring an additional 1,019,984 shares during the period. BNP Paribas Financial Markets grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 62.5% in the third quarter. BNP Paribas Financial Markets now owns 2,075,200 shares of the exchange traded fund’s stock valued at $27,870,000 after purchasing an additional 798,300 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 1,927,133 shares of the exchange traded fund’s stock valued at $25,033,000 after purchasing an additional 46,962 shares during the period.

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

Shares of PDBC opened at $13.28 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $12.60 and a 52-week high of $14.55. The stock’s 50-day simple moving average is $13.45 and its 200 day simple moving average is $13.42.

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

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.5747 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.