Walser Wealth Management Company A Ltd Liability Co Invests $799,000 in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Walser Wealth Management Company A Ltd Liability Co purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 60,321 shares of the exchange traded fund’s stock, valued at approximately $799,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Compound Planning Inc. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.0% during the 4th quarter. Compound Planning Inc. now owns 12,196 shares of the exchange traded fund’s stock worth $162,000 after purchasing an additional 1,680 shares during the period. Strive Financial Group LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at approximately $855,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 51.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 23,041 shares of the exchange traded fund’s stock valued at $305,000 after buying an additional 7,823 shares during the period. Virtue Capital Management LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $324,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $435,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.2%

Shares of PDBC stock opened at $16.50 on Friday. The business’s fifty day moving average price is $17.76 and its 200 day moving average price is $15.84. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.87 and a 1-year high of $18.95.

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.