abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Shares Bought by Mengis Capital Management Inc.

Mengis Capital Management Inc. boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) by 3.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 34,966 shares of the company’s stock after buying an additional 1,250 shares during the quarter. Mengis Capital Management Inc.’s holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF were worth $1,095,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Crescent Grove Advisors LLC purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter worth $535,000. Flow Traders U.S. LLC purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter worth $250,000. JPMorgan Chase & Co. purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter worth $44,000. Finally, Lowe Wealth Advisors LLC purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the fourth quarter worth $31,000.

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

BCD opened at $33.76 on Tuesday. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 52 week low of $29.85 and a 52 week high of $34.31. The business has a fifty day simple moving average of $32.44 and a 200-day simple moving average of $32.16.

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).