GM Advisory Group LLC Lowers Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

GM Advisory Group LLC decreased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,155,404 shares of the exchange traded fund’s stock after selling 59,526 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF accounts for about 1.5% of GM Advisory Group LLC’s investment portfolio, making the stock its 18th biggest position. GM Advisory Group LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $27,999,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of PDBC. Principal Financial Group Inc. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% in the third quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock valued at $8,841,000 after purchasing an additional 48,490 shares during the period. Whalen Wealth Management Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at approximately $1,164,000. Briaud Financial Planning Inc boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 43.1% in the third quarter. Briaud Financial Planning Inc now owns 1,650,044 shares of the exchange traded fund’s stock valued at $22,160,000 after purchasing an additional 496,745 shares during the period. Tradewinds LLC. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth $835,000. Finally, Integrated Investment Consultants LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth $342,000.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.40 on Wednesday. The business has a fifty day moving average of $13.47 and a two-hundred day moving average of $13.42. 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.

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

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

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.