abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Plans $5.33 Annual Dividend

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) announced an annual dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 5.3293 per share on Wednesday, December 31st. This represents a dividend yield of 1,460.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Trading Down 1.6%

NYSEARCA:BCD opened at $36.50 on Tuesday. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 1 year low of $30.86 and a 1 year high of $37.19. The firm’s fifty day simple moving average is $35.71 and its 200 day simple moving average is $34.44.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

Hedge funds have recently modified their holdings of the business. American National Bank & Trust boosted its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 70.1% in the 2nd quarter. American National Bank & Trust now owns 53,963 shares of the company’s stock valued at $1,789,000 after purchasing an additional 22,231 shares during the period. Mengis Capital Management Inc. lifted its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 10.5% in the 2nd quarter. Mengis Capital Management Inc. now owns 56,721 shares of the company’s stock worth $1,880,000 after acquiring an additional 5,385 shares during the period. Wedbush Securities Inc. increased its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% during the second quarter. Wedbush Securities Inc. now owns 36,833 shares of the company’s stock valued at $1,221,000 after purchasing an additional 2,436 shares during the period. FDx Advisors Inc. bought a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the 2nd quarter worth about $2,643,000. Finally, MeadowBrook Investment Advisors LLC acquired a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the second quarter worth about $28,000.

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). BCD was launched on Mar 30, 2017 and is managed by Abrdn.