ZEGA Investments LLC Purchases Shares of 31,639 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

ZEGA Investments LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 4th quarter, Holdings Channel reports. The firm purchased 31,639 shares of the exchange traded fund’s stock, valued at approximately $427,000.

A number of other hedge funds have also modified their holdings of PDBC. Empower Advisory Group LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.5% in 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 last quarter. Briaud Financial Planning Inc raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.2% in the fourth quarter. Briaud Financial Planning Inc now owns 2,808,359 shares of the exchange traded fund’s stock valued at $36,480,000 after buying an additional 1,158,315 shares during the last quarter. Johnson Financial Group LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 178.9% during the fourth quarter. Johnson Financial Group LLC now owns 1,682,738 shares of the exchange traded fund’s stock valued at $21,859,000 after buying an additional 1,079,488 shares during the period. FMR LLC lifted its stake 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 buying an additional 1,019,984 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 62.5% during the third quarter. BNP Paribas Financial Markets now owns 2,075,200 shares of the exchange traded fund’s stock worth $27,870,000 after acquiring an additional 798,300 shares during the last quarter.

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

PDBC stock opened at $13.42 on Friday. The company has a 50 day moving average price of $13.48 and a two-hundred day moving average price of $13.42. 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.

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

The firm also recently disclosed 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 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.