abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Shares Up 0.5% – What’s Next?

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD)’s stock price traded up 0.5% on Wednesday . The company traded as high as $34.30 and last traded at $34.27. 91,777 shares changed hands during trading, an increase of 52% from the average session volume of 60,237 shares. The stock had previously closed at $34.11.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Trading Up 0.5 %

The stock’s fifty day simple moving average is $33.46 and its two-hundred day simple moving average is $32.63.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

Several institutional investors have recently made changes to their positions in BCD. Flow Traders U.S. LLC bought a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter worth approximately $250,000. JPMorgan Chase & Co. acquired a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the third quarter worth $44,000. Lowe Wealth Advisors LLC bought a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the fourth quarter valued at $31,000. Mengis Capital Management Inc. boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.7% during the fourth quarter. Mengis Capital Management Inc. now owns 34,966 shares of the company’s stock valued at $1,095,000 after acquiring an additional 1,250 shares during the period. Finally, Columbia River Financial Group LLC bought a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the fourth quarter worth about $4,109,000.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Company Profile

The abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) is an exchange-traded fund that mostly invests in broad market commodities. The abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (the Fund) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Commodity Index 3 Month Forward Total Return (the Index).