abrdn Physical Precious Metals Basket Shares ETF $GLTR Stock Holdings Lowered by IFG Advisory LLC

IFG Advisory LLC reduced its holdings in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 10.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,648 shares of the company’s stock after selling 7,956 shares during the quarter. abrdn Physical Precious Metals Basket Shares ETF accounts for 0.6% of IFG Advisory LLC’s holdings, making the stock its 26th biggest position. IFG Advisory LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $14,731,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLTR. Ameriprise Financial Inc. raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 953.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 128,338 shares of the company’s stock worth $21,227,000 after purchasing an additional 116,151 shares in the last quarter. Argos Wealth Advisors LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 4th quarter worth approximately $17,160,000. Thrivent Financial for Lutherans bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 4th quarter worth approximately $16,966,000. Focus Partners Wealth raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 19.4% in the 3rd quarter. Focus Partners Wealth now owns 206,430 shares of the company’s stock worth $34,154,000 after purchasing an additional 33,587 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 8.2% in the 3rd quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock worth $62,717,000 after purchasing an additional 28,819 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

GLTR stock opened at $211.01 on Thursday. abrdn Physical Precious Metals Basket Shares ETF has a 52-week low of $132.20 and a 52-week high of $295.44. The company’s 50 day simple moving average is $218.34 and its 200-day simple moving average is $218.50.

abrdn Physical Precious Metals Basket Shares ETF Company Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.