North Forty Two & Co. Takes Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

North Forty Two & Co. bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,725 shares of the exchange traded fund’s stock, valued at approximately $217,000.

Several other hedge funds have also recently made changes to their positions in PDBC. Empower Advisory Group LLC raised its position in shares of 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 buying an additional 1,725,172 shares in the last quarter. Briaud Financial Planning Inc grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% during the 4th quarter. Briaud Financial Planning Inc now owns 2,808,359 shares of the exchange traded fund’s stock valued at $36,480,000 after purchasing an additional 1,158,315 shares during the last quarter. Johnson Financial Group LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 178.9% during 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 holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 36.8% during the 3rd 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 last quarter. Finally, BNP Paribas Financial Markets grew its holdings in 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 purchasing an additional 798,300 shares during the last quarter.

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

Shares of NASDAQ:PDBC opened at $13.40 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.60 and a 12 month high of $14.55. The firm’s 50-day moving average is $13.47 and its 200 day moving average is $13.42.

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

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.5747 per share. The ex-dividend date 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.