Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC Position Boosted by Royal Bank of Canada

Royal Bank of Canada lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 151.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 575,181 shares of the exchange traded fund’s stock after acquiring an additional 346,617 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $9,963,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Tucker Asset Management LLC bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $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 worth approximately $34,000. Ascentis Independent Advisors acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at approximately $34,000. EverSource Wealth Advisors LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 781 shares during the period. Finally, Global Assets Advisory LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 1st quarter valued at approximately $73,000.

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

Shares of PDBC opened at $17.25 on Monday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.87 and a 12 month high of $18.95. The stock has a fifty day moving average price of $16.94 and a 200 day moving average price of $16.66.

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.