Strid Group LLC Invests $6.48 Million in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Strid Group LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 487,095 shares of the exchange traded fund’s stock, valued at approximately $6,478,000. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF makes up approximately 1.3% of Strid Group LLC’s investment portfolio, making the stock its 12th largest holding. Strid Group LLC owned approximately 0.14% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Curran Financial Partners LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.6% during the 4th quarter. Curran Financial Partners LLC now owns 18,929 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 2,270 shares in the last quarter. London & Capital Asset Management Ltd lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.6% during the fourth quarter. London & Capital Asset Management Ltd now owns 24,872 shares of the exchange traded fund’s stock worth $331,000 after purchasing an additional 4,580 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 17.4% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,008 shares of the exchange traded fund’s stock worth $213,000 after buying an additional 2,369 shares during the period. Simplicity Wealth LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at about $210,000. Finally, Saxony Capital Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at about $838,000.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock traded down $0.02 during midday trading on Thursday, hitting $14.09. 863,300 shares of the company were exchanged, compared to its average volume of 3,570,624. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $13.05 and a fifty-two week high of $15.35. The company’s fifty day moving average price is $13.70 and its 200-day moving average price is $13.91.

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.