Mirae Asset Global Investments Co. Ltd. Makes New $45.17 Million Investment in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the third quarter, Holdings Channel reports. The firm purchased 2,340,553 shares of the exchange traded fund’s stock, valued at approximately $45,173,000.

A number of other large investors have also recently added to or reduced their stakes in PDBC. Verus Capital Partners LLC increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% in the 1st quarter. Verus Capital Partners LLC now owns 13,365 shares of the exchange traded fund’s stock valued at $231,000 after purchasing an additional 624 shares during the last quarter. Integrated Advisors Network LLC increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% during the first quarter. Integrated Advisors Network LLC now owns 12,744 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 905 shares during the period. Key Client Fiduciary Advisors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.7% during the second quarter. Key Client Fiduciary Advisors LLC now owns 31,870 shares of the exchange traded fund’s stock worth $506,000 after purchasing an additional 1,135 shares in the last quarter. Brown Lisle Cummings Inc. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 833.1% during the second quarter. Brown Lisle Cummings Inc. now owns 1,549 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 1,383 shares in the last quarter. Finally, Pinnacle Bancorp Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at approximately $32,000.

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

PDBC opened at $20.02 on Monday. The business has a fifty day moving average price of $19.51 and a 200 day moving average price of $17.38. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $13.23 and a 12 month high of $20.36.

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.