Briaud Financial Planning Inc lowered its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Free Report) by 40.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,672,011 shares of the exchange traded fund’s stock after selling 1,135,150 shares during the quarter. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for 7.0% of Briaud Financial Planning Inc’s investment portfolio, making the stock its 3rd largest holding. Briaud Financial Planning Inc owned 0.46% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $26,552,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. SCS Capital Management LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.9% in the 4th quarter. SCS Capital Management LLC now owns 2,111,753 shares of the exchange traded fund’s stock worth $27,981,000 after acquiring an additional 173,301 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 150.6% during the first quarter. Geneos Wealth Management Inc. now owns 91,757 shares of the exchange traded fund’s stock valued at $1,589,000 after purchasing an additional 55,135 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.3% during the fourth quarter. HighTower Advisors LLC now owns 2,326,173 shares of the exchange traded fund’s stock valued at $30,822,000 after purchasing an additional 29,361 shares in the last quarter. Impact Partnership Wealth LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.5% during the fourth quarter. Impact Partnership Wealth LLC now owns 478,361 shares of the exchange traded fund’s stock valued at $6,338,000 after purchasing an additional 56,898 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock worth $41,711,000 after purchasing an additional 77,195 shares during the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 2.1%
Shares of PDBC stock opened at $19.05 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52-week low of $13.10 and a 52-week high of $19.08. The company has a 50-day simple moving average of $17.33 and a two-hundred day simple moving average of $17.13.
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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.
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