Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Unusually-High Trading Volume – What’s Next?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw an uptick in trading volume on Monday . 23,493,458 shares changed hands during mid-day trading, an increase of 354% from the previous session’s volume of 5,174,374 shares.The stock last traded at $13.57 and had previously closed at $13.40.

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

The business’s fifty day simple moving average is $13.31 and its 200-day simple moving average is $13.39.

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. Shareholders of record on Monday, December 23rd were issued a $0.5747 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Large investors have recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at about $35,000. PNC Financial Services Group Inc. boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 102.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 1,500 shares in the last quarter. Trust Co. of Vermont boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 40.8% during the 4th quarter. Trust Co. of Vermont now owns 4,489 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 1,300 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% during the 3rd 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, Ethos Financial Group LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $137,000.

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.