Sanctuary Advisors LLC Buys Shares of 215,943 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Sanctuary Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 215,943 shares of the exchange traded fund’s stock, valued at approximately $2,943,000.

Several other hedge funds have also recently made changes to their positions in PDBC. Fifth Third Bancorp grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% in the second quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 1,058 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at $35,000. Zions Bancorporation N.A. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at $42,000. Private Trust Co. NA grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% in the third quarter. Private Trust Co. NA now owns 4,637 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 2,067 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 35.1% in the second quarter. Larson Financial Group LLC now owns 4,632 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 1,203 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.6 %

Shares of NASDAQ PDBC opened at $13.34 on Wednesday. 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. The stock has a fifty day moving average of $13.54 and a 200-day moving average of $13.59.

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.