Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Large Volume Increase – Time to Buy?

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw strong trading volume on Monday . 10,361,898 shares traded hands during mid-day trading, an increase of 80% from the previous session’s volume of 5,762,932 shares.The stock last traded at $13.54 and had previously closed at $13.45.

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

The firm has a 50 day moving average price of $13.29 and a 200 day moving average price of $13.46.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.5747 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Harbour Investments Inc. boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% in the third quarter. Harbour Investments Inc. now owns 20,071 shares of the exchange traded fund’s stock worth $270,000 after acquiring an additional 754 shares during the period. Axiom Advisory LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 50,816 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 811 shares during the period. Endowment Wealth Management Inc. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.3% during the 3rd quarter. Endowment Wealth Management Inc. now owns 25,904 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 818 shares in the last quarter. Key Client Fiduciary Advisors LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.6% during the third quarter. Key Client Fiduciary Advisors LLC now owns 23,360 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 822 shares during the last quarter. Finally, Abich Financial Wealth Management LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.9% in the second quarter. Abich Financial Wealth Management LLC now owns 9,903 shares of the exchange traded fund’s stock worth $139,000 after buying an additional 896 shares in the last quarter.

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.