North Forty Two & Co. Makes New $217,000 Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

North Forty Two & Co. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the fourth quarter, Holdings Channel.com reports. The fund bought 16,725 shares of the exchange traded fund’s stock, valued at approximately $217,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. FreeGulliver LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.5% in the 4th quarter. FreeGulliver LLC now owns 48,526 shares of the exchange traded fund’s stock worth $630,000 after acquiring an additional 4,228 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 609.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 203,351 shares of the exchange traded fund’s stock worth $2,642,000 after purchasing an additional 174,670 shares during the period. SlateStone Wealth LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $287,000. Harbour Investments Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.5% in the 4th quarter. Harbour Investments Inc. now owns 21,986 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 1,915 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 43,607 shares of the exchange traded fund’s stock worth $566,000 after purchasing an additional 2,907 shares during the period.

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

Shares of PDBC opened at $13.40 on Wednesday. The company has a 50 day moving average price of $13.47 and a 200-day moving average price of $13.42. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.60 and a fifty-two week high of $14.55.

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

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

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.