Charles Schwab Investment Management Inc. Increases Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Charles Schwab Investment Management Inc. lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,241,416 shares of the exchange traded fund’s stock after buying an additional 364,421 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.87% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $83,822,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Integrated Investment Consultants LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter valued at $342,000. Tradewinds LLC. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter valued at $835,000. Briaud Financial Planning Inc grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 43.1% in the third quarter. Briaud Financial Planning Inc now owns 1,650,044 shares of the exchange traded fund’s stock worth $22,160,000 after purchasing an additional 496,745 shares during the last quarter. Whalen Wealth Management Inc. purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter worth about $1,164,000. Finally, Northeast Financial Group Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at about $3,542,000.

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

Shares of PDBC stock opened at $13.36 on Thursday. The company’s 50-day simple moving average is $13.60 and its two-hundred day simple moving average is $13.67. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.60 and a one year high of $14.69.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company 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.