Kensington Asset Management LLC Takes $2.93 Million Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Kensington Asset Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 168,991 shares of the exchange traded fund’s stock, valued at approximately $2,927,000.

A number of other institutional investors also recently bought and sold shares of the stock. Tucker Asset Management LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at about $31,000. International Assets Investment Management LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth about $34,000. Ascentis Independent Advisors bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the first quarter worth about $34,000. EverSource Wealth Advisors LLC raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 781 shares during the period. Finally, Global Assets Advisory LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at about $73,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.4%

PDBC stock opened at $17.57 on Friday. The business’s 50-day moving average price is $17.01 and its 200-day moving average price is $16.52. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.87 and a twelve month high of $18.95.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.