abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Stock Price Up 0.4% – Here’s What Happened

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) shares rose 0.4% during mid-day trading on Monday . The stock traded as high as $36.49 and last traded at $36.33. Approximately 53,686 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 73,867 shares. The stock had previously closed at $36.19.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Price Performance

The firm’s 50 day simple moving average is $36.83 and its 200-day simple moving average is $35.24.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cohen & Steers Inc. boosted its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% in the 4th quarter. Cohen & Steers Inc. now owns 19,375 shares of the company’s stock worth $600,000 after buying an additional 1,290 shares in the last quarter. Columbia River Financial Group LLC boosted its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 1.5% in the 3rd quarter. Columbia River Financial Group LLC now owns 143,924 shares of the company’s stock worth $5,143,000 after buying an additional 2,077 shares in the last quarter. Mengis Capital Management Inc. boosted its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.8% in the 4th quarter. Mengis Capital Management Inc. now owns 63,842 shares of the company’s stock worth $1,977,000 after buying an additional 2,344 shares in the last quarter. VanderPol Investments L.L.C. boosted its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 6.1% in the 4th quarter. VanderPol Investments L.L.C. now owns 74,259 shares of the company’s stock worth $2,299,000 after buying an additional 4,254 shares in the last quarter. Finally, Aureus Asset Management LLC purchased a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 1st quarter worth about $213,000.

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

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). BCD was launched on Mar 30, 2017 and is managed by Abrdn.