abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $32.20 and traded as high as $32.35. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF shares last traded at $32.27, with a volume of 13,307 shares traded.

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

The firm’s fifty day simple moving average is $32.43 and its 200 day simple moving average is $32.20.

Institutional Trading of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC raised its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 18.7% during the 2nd quarter. Great Lakes Advisors LLC now owns 1,484,444 shares of the company’s stock worth $48,126,000 after buying an additional 234,160 shares in the last quarter. Crescent Grove Advisors LLC purchased a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter valued at approximately $535,000. Flow Traders U.S. LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter valued at $250,000. Certified Advisory Corp boosted its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 41.7% during the 2nd quarter. Certified Advisory Corp now owns 13,386 shares of the company’s stock worth $434,000 after purchasing an additional 3,937 shares during the last quarter. Finally, American National Bank grew its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 105.9% during the second quarter. American National Bank now owns 2,954 shares of the company’s stock worth $96,000 after buying an additional 1,519 shares in the last quarter.

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).