abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Unusually-High Trading Volume – What’s Next?

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw unusually-high trading volume on Wednesday . Approximately 774,792 shares were traded during trading, an increase of 22% from the previous session’s volume of 634,716 shares.The stock last traded at $19.6550 and had previously closed at $19.84.

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

The stock’s 50-day moving average is $22.45 and its 200 day moving average is $21.61.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th will be given a dividend of $3.2198 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a dividend yield of 1,623.0%.

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

A number of large investors have recently bought and sold shares of the business. Great Lakes Advisors LLC lifted its stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 27.7% in the first quarter. Great Lakes Advisors LLC now owns 1,552,417 shares of the company’s stock valued at $33,315,000 after buying an additional 336,859 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 20.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,432 shares of the company’s stock valued at $92,000 after acquiring an additional 738 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 98.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,742 shares of the company’s stock worth $36,000 after purchasing an additional 862 shares during the period. Leavell Investment Management Inc. increased its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 8.4% during the 2nd quarter. Leavell Investment Management Inc. now owns 229,861 shares of the company’s stock worth $4,774,000 after purchasing an additional 17,784 shares in the last quarter. Finally, Winthrop Capital Management LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter valued at about $471,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an exchange-traded fund that is based on the Bloomberg Commodity Total Return index. The fund seeks to outperform a broad-market commodity index through the active management of the fund`s collateral. The index includes 26 commodity futures with maturities of 1-3 months. BCI was launched on Mar 30, 2017 and is managed by Abrdn.