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

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD)’s stock price fell 0.4% during mid-day trading on Friday . The company traded as low as $38.42 and last traded at $38.65. Approximately 34,843 shares were traded during trading, a decline of 47% from the average session volume of 65,623 shares. The stock had previously closed at $38.79.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Stock Down 0.4%

The firm has a 50 day simple moving average of $36.51 and a 200 day simple moving average of $36.15.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

A number of institutional investors and hedge funds have recently modified their holdings of BCD. Flow Traders U.S. LLC purchased a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the second quarter valued at approximately $282,000. Madison Asset Management LLC boosted its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 89.9% in the 4th quarter. Madison Asset Management LLC now owns 21,646 shares of the company’s stock valued at $670,000 after purchasing an additional 10,246 shares during the period. VanderPol Investments L.L.C. boosted its holdings in 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 valued at $2,299,000 after purchasing an additional 4,254 shares during the period. Columbia River Financial Group LLC grew its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.5% during the 4th quarter. Columbia River Financial Group LLC now owns 149,005 shares of the company’s stock valued at $4,613,000 after purchasing an additional 5,081 shares in the last quarter. Finally, Cohen & Steers Inc. increased its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% in the fourth quarter. Cohen & Steers Inc. now owns 19,375 shares of the company’s stock worth $600,000 after purchasing an additional 1,290 shares during the period.

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