Wells Fargo & Company MN Has $1.58 Billion Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Wells Fargo & Company MN cut its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 3.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 121,584,516 shares of the exchange traded fund’s stock after selling 4,346,791 shares during the period. Wells Fargo & Company MN owned approximately 0.37% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $1,579,383,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% during the 4th quarter. Empower Advisory Group LLC now owns 28,109,278 shares of the exchange traded fund’s stock valued at $365,140,000 after purchasing an additional 1,725,172 shares during the period. SigFig Wealth Management LLC raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.5% in the 4th quarter. SigFig Wealth Management LLC now owns 6,503,133 shares of the exchange traded fund’s stock valued at $84,085,000 after acquiring an additional 510,072 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 89.1% during the 4th quarter. LPL Financial LLC now owns 5,296,295 shares of the exchange traded fund’s stock worth $68,799,000 after purchasing an additional 2,495,385 shares in the last quarter. FMR LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% during the third quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock valued at $50,892,000 after purchasing an additional 1,019,984 shares during the period. Finally, Briaud Financial Planning Inc boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% during the fourth quarter. Briaud Financial Planning Inc now owns 2,808,359 shares of the exchange traded fund’s stock worth $36,480,000 after buying an additional 1,158,315 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

NASDAQ PDBC opened at $13.18 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.60 and a twelve month high of $14.55. The company’s 50-day simple moving average is $13.47 and its 200 day simple moving average is $13.45.

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.