Palumbo Wealth Management LLC Buys 2,812 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Palumbo Wealth Management LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 94,126 shares of the exchange traded fund’s stock after acquiring an additional 2,812 shares during the quarter. Palumbo Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,223,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PDBC. Good Life Advisors LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 104.9% during the 3rd quarter. Good Life Advisors LLC now owns 27,792 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 14,225 shares during the period. Key Client Fiduciary Advisors LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.6% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 23,360 shares of the exchange traded fund’s stock valued at $314,000 after acquiring an additional 822 shares during the period. Narus Financial Partners LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 101.6% during the 3rd quarter. Narus Financial Partners LLC now owns 22,002 shares of the exchange traded fund’s stock valued at $295,000 after acquiring an additional 11,088 shares during the period. Leo Wealth LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the 3rd quarter. Leo Wealth LLC now owns 170,795 shares of the exchange traded fund’s stock worth $2,294,000 after purchasing an additional 5,717 shares during the period. Finally, FSC Wealth Advisors LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 20.1% in the 3rd quarter. FSC Wealth Advisors LLC now owns 52,136 shares of the exchange traded fund’s stock worth $700,000 after purchasing an additional 8,709 shares during the period.

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

PDBC stock opened at $13.63 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.60 and a 1-year high of $14.55. The business has a 50 day simple moving average of $13.32 and a two-hundred day simple moving average of $13.40.

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

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.5747 dividend. The ex-dividend date of this dividend 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.