Trueblood Wealth Management LLC Acquires New Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC)

Trueblood Wealth Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,742 shares of the exchange traded fund’s stock, valued at approximately $156,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 271.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,856 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 1,356 shares in the last quarter. Cambridge Trust Co. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% in the 3rd quarter. Cambridge Trust Co. now owns 1,821 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 1,798 shares in the last quarter. City Holding Co. bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at about $27,000. Coppell Advisory Solutions LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at about $27,000. Finally, Baystate Wealth Management LLC raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 521.8% in the 2nd quarter. Baystate Wealth Management LLC now owns 2,307 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 1,936 shares in the last quarter.

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

NASDAQ:PDBC opened at $13.87 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $13.05 and a one year high of $15.35. The firm has a 50-day simple moving average of $13.46 and a 200-day simple moving average of $14.01.

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.