New York Life Investment Management LLC Trims Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

New York Life Investment Management LLC reduced its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 11.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,085,909 shares of the exchange traded fund’s stock after selling 145,514 shares during the quarter. New York Life Investment Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $14,106,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PDBC. Empower Advisory Group LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% in the third quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock valued at $354,339,000 after purchasing an additional 1,834,864 shares during the period. Johnson Financial Group LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 178.9% in the 4th quarter. Johnson Financial Group LLC now owns 1,682,738 shares of the exchange traded fund’s stock valued at $21,859,000 after purchasing an additional 1,079,488 shares during the last quarter. FMR LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% in the 3rd quarter. FMR LLC now owns 3,789,455 shares of the exchange traded fund’s stock valued at $50,892,000 after buying an additional 1,019,984 shares during the period. International Assets Investment Management LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 59,605.6% during the 3rd quarter. International Assets Investment Management LLC now owns 932,602 shares of the exchange traded fund’s stock worth $12,525,000 after buying an additional 931,040 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 62.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,075,200 shares of the exchange traded fund’s stock valued at $27,870,000 after buying an additional 798,300 shares during the period.

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

PDBC opened at $13.46 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.55. The business’s 50 day moving average price is $13.38 and its 200 day moving average price is $13.42.

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 paid a $0.5747 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 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.