S. R. Schill & Associates Takes $6.25 Million Position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF $BCI

S. R. Schill & Associates purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 257,512 shares of the company’s stock, valued at approximately $6,255,000. abrdn Bloomberg All Commodity Strategy K-1 Free ETF makes up 4.2% of S. R. Schill & Associates’ investment portfolio, making the stock its 7th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter valued at $27,000. Horizon Investments LLC purchased a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter valued at $35,000. Silver Grove Financial Group Inc. bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth about $53,000. Sunbelt Securities Inc. increased its stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock worth $66,000 after buying an additional 573 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter valued at about $98,000.

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

abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock remained flat at $22.99 during trading hours on Friday. 1,619,231 shares of the company’s stock traded hands, compared to its average volume of 1,618,685. The business’s 50-day simple moving average is $23.94 and its 200-day simple moving average is $22.94. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 12 month low of $19.47 and a 12 month high of $25.97.

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.