abrdn Physical Platinum Shares ETF $PPLT Shares Sold by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors cut its stake in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 82.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,101 shares of the company’s stock after selling 5,000 shares during the period. Vanguard Capital Wealth Advisors’ holdings in abrdn Physical Platinum Shares ETF were worth $205,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Team Financial Group LLC acquired a new stake in abrdn Physical Platinum Shares ETF in the fourth quarter worth approximately $33,000. Ball & Co Wealth Management Inc. acquired a new position in shares of abrdn Physical Platinum Shares ETF during the 3rd quarter valued at $34,000. Raleigh Capital Management Inc. bought a new stake in shares of abrdn Physical Platinum Shares ETF in the 3rd quarter worth $34,000. Geneos Wealth Management Inc. raised its stake in shares of abrdn Physical Platinum Shares ETF by 2,060.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock worth $39,000 after buying an additional 412 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of abrdn Physical Platinum Shares ETF by 407.3% in the third quarter. Assetmark Inc. now owns 279 shares of the company’s stock valued at $40,000 after buying an additional 224 shares during the period. Institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Stock Up 1.3%

Shares of PPLT stock opened at $180.79 on Friday. The stock has a 50-day simple moving average of $194.83 and a 200 day simple moving average of $173.30. abrdn Physical Platinum Shares ETF has a fifty-two week low of $82.79 and a fifty-two week high of $261.62.

abrdn Physical Platinum Shares ETF Profile

The abrdn Physical Platinum Shares ETF (PPLT) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.