Town Capital LLC Invests $1.15 Million in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Town Capital LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 1st quarter, HoldingsChannel.com reports. The firm bought 66,377 shares of the exchange traded fund’s stock, valued at approximately $1,150,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises approximately 0.9% of Town Capital LLC’s portfolio, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PDBC. Tucker Asset Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth about $31,000. International Assets Investment Management LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at approximately $34,000. Ascentis Independent Advisors acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $34,000. EverSource Wealth Advisors LLC raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the 2nd 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 in the last quarter. Finally, Global Assets Advisory LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter worth approximately $73,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.1%

Shares of PDBC stock opened at $17.57 on Monday. The stock’s fifty day simple moving average is $17.01 and its 200 day simple moving average is $16.54. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.87 and a one year high of $18.95.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.