Northwestern Mutual Wealth Management Co. Trims Stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Northwestern Mutual Wealth Management Co. cut its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 4.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,250,499 shares of the exchange traded fund’s stock after selling 148,440 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.94% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $42,387,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in PDBC. Consultiva Wealth Management CORP. boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the second quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 775 shares during the period. HHM Wealth Advisors LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth $32,000. Atlantic Union Bankshares Corp bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth $36,000. Financial Gravity Companies Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at $38,000. Finally, Investors Research Corp boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 347.7% during the second quarter. Investors Research Corp now owns 3,541 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 2,750 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 1.0%

PDBC stock opened at $13.73 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.02 and a 12 month high of $14.00. The firm’s 50-day moving average is $13.49 and its 200 day moving average is $13.29.

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.