Mengis Capital Management Inc. cut its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD – Free Report) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,132 shares of the company’s stock after selling 1,148 shares during the quarter. Mengis Capital Management Inc.’s holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF were worth $1,014,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in BCD. Bruce G. Allen Investments LLC acquired a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the fourth quarter valued at $33,000. Great Lakes Advisors LLC grew its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 17.6% during the 3rd quarter. Great Lakes Advisors LLC now owns 1,165,523 shares of the company’s stock valued at $38,555,000 after acquiring an additional 174,753 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter valued at about $305,000.
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Price Performance
Shares of NYSEARCA BCD traded down $0.11 during mid-day trading on Monday, reaching $32.64. The company had a trading volume of 12,641 shares, compared to its average volume of 46,960. The stock has a fifty day moving average of $31.22 and a two-hundred day moving average of $31.57. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 12-month low of $29.71 and a 12-month high of $34.11.
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).
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