Northeast Financial Group Inc. Purchases 181,027 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Northeast Financial Group Inc. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 56.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 500,687 shares of the exchange traded fund’s stock after buying an additional 181,027 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for approximately 1.7% of Northeast Financial Group Inc.’s holdings, making the stock its 22nd biggest holding. Northeast Financial Group Inc. owned about 0.15% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $6,725,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Consultiva Wealth Management CORP. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 775 shares during the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth about $32,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth about $36,000. Cape Investment Advisory Inc. grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% in the second quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 1,049 shares during the last quarter. Finally, Financial Gravity Companies Inc. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at about $38,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.8%

PDBC opened at $14.53 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.02 and a one year high of $15.27. The business has a 50 day simple moving average of $13.90 and a two-hundred day simple moving average of $13.57.

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

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

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.