SigFig Wealth Management LLC Grows Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

SigFig Wealth Management LLC grew its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,636,200 shares of the exchange traded fund’s stock after purchasing an additional 183,037 shares during the period. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF comprises 3.0% of SigFig Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. SigFig Wealth Management LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $101,179,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at $272,000. XTX Topco Ltd acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth $181,000. Edgestream Partners L.P. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth $159,000. EverSource Wealth Advisors LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the second 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 in the last quarter. Finally, Baird Financial Group Inc. grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 99.2% in the second quarter. Baird Financial Group Inc. now owns 308,887 shares of the exchange traded fund’s stock valued at $4,028,000 after purchasing an additional 153,846 shares during the period.

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

PDBC stock opened at $17.52 on Friday. The firm has a 50-day simple moving average of $15.57 and a 200-day simple moving average of $14.25. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.02 and a 52 week high of $17.61.

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.