The Manufacturers Life Insurance Company Sells 3,329,477 Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

The Manufacturers Life Insurance Company cut its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 37.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,458,835 shares of the exchange traded fund’s stock after selling 3,329,477 shares during the period. The Manufacturers Life Insurance Company owned about 1.58% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $94,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of PDBC. Revolve Wealth Partners LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth $272,000. XTX Topco Ltd purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at about $181,000. EverSource Wealth Advisors LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 781 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 37.5% in the second quarter. Qube Research & Technologies Ltd now owns 175,006 shares of the exchange traded fund’s stock worth $2,282,000 after acquiring an additional 47,711 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 85.9% in the second quarter. NewEdge Advisors LLC now owns 110,874 shares of the exchange traded fund’s stock worth $1,446,000 after acquiring an additional 51,248 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 3.0%

NASDAQ:PDBC opened at $17.57 on Thursday. The stock has a 50-day moving average price of $17.04 and a 200 day moving average price of $16.49. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.87 and a 12-month high of $18.95.

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.