abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $32.16 and traded as low as $32.03. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF shares last traded at $32.10, with a volume of 32,306 shares trading hands.

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

The stock’s 50-day moving average price is $32.39 and its 200-day moving average price is $32.15.

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

Several hedge funds have recently made changes to their positions in BCD. American National Bank increased its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 105.9% in the 2nd quarter. American National Bank now owns 2,954 shares of the company’s stock worth $96,000 after acquiring an additional 1,519 shares during the period. American National Bank & Trust increased its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 12.9% in the third quarter. American National Bank & Trust now owns 3,336 shares of the company’s stock valued at $109,000 after purchasing an additional 382 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the third quarter valued at approximately $250,000. Certified Advisory Corp raised its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 41.7% during the second quarter. Certified Advisory Corp now owns 13,386 shares of the company’s stock valued at $434,000 after buying an additional 3,937 shares during the last quarter. Finally, Crescent Grove Advisors LLC bought a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter worth approximately $535,000.

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).