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

Freedom Investment Management Inc. decreased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 23.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 91,171 shares of the exchange traded fund’s stock after selling 27,992 shares during the quarter. Freedom Investment Management Inc.’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,224,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 96.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,160 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 1,058 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter valued at approximately $35,000. Zions Bancorporation N.A. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth approximately $42,000. Private Trust Co. NA lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% during the third quarter. Private Trust Co. NA now owns 4,637 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 2,067 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 83.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,628 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 2,105 shares during the last quarter.

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

Shares of PDBC opened at $13.36 on Thursday. 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 company’s fifty day moving average is $13.60 and its two-hundred day moving average is $13.67.

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.