The Manufacturers Life Insurance Company Reduces Holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

The Manufacturers Life Insurance Company lowered its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 31.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,226,486 shares of the exchange traded fund’s stock after selling 560,724 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.37% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $16,472,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PDBC. Empower Advisory Group LLC boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.5% in the third quarter. Empower Advisory Group LLC now owns 26,384,106 shares of the exchange traded fund’s stock worth $354,339,000 after acquiring an additional 1,834,864 shares during the period. Diversify Advisory Services LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 2nd quarter valued at about $21,533,000. New York Life Investment Management LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3,745.8% during the second quarter. New York Life Investment Management LLC now owns 1,125,982 shares of the exchange traded fund’s stock valued at $15,820,000 after buying an additional 1,096,704 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 59,605.6% in the third quarter. International Assets Investment Management LLC now owns 932,602 shares of the exchange traded fund’s stock worth $12,525,000 after buying an additional 931,040 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 129.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,459,457 shares of the exchange traded fund’s stock valued at $20,505,000 after acquiring an additional 822,004 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.3 %

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $13.40 on Monday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.60 and a 1-year high of $14.69. The firm’s 50 day simple moving average is $13.60 and its 200 day simple moving average is $13.66.

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.