abrdn Physical Precious Metals Basket Shares ETF $GLTR Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC cut its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 1.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,518 shares of the company’s stock after selling 2,873 shares during the period. Sequoia Financial Advisors LLC owned 1.19% of abrdn Physical Precious Metals Basket Shares ETF worth $35,765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Morgan Stanley raised its position in abrdn Physical Precious Metals Basket Shares ETF by 6.6% during the 4th quarter. Morgan Stanley now owns 553,776 shares of the company’s stock worth $113,856,000 after buying an additional 34,142 shares during the last quarter. Wells Fargo & Company MN raised its position in abrdn Physical Precious Metals Basket Shares ETF by 12.0% in the fourth quarter. Wells Fargo & Company MN now owns 471,068 shares of the company’s stock worth $96,852,000 after acquiring an additional 50,391 shares in the last quarter. LPL Financial LLC boosted its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 39.6% during the 4th quarter. LPL Financial LLC now owns 380,713 shares of the company’s stock worth $78,275,000 after purchasing an additional 107,963 shares in the last quarter. Bank of America Corp DE increased 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 valued at $62,717,000 after purchasing an additional 28,819 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 10.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 232,088 shares of the company’s stock valued at $47,717,000 after purchasing an additional 21,283 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

Shares of NYSEARCA:GLTR traded down $0.38 during trading on Friday, hitting $184.81. 28,771 shares of the stock were exchanged, compared to its average volume of 118,303. The company has a fifty day moving average price of $202.85 and a two-hundred day moving average price of $220.09. abrdn Physical Precious Metals Basket Shares ETF has a 12-month low of $137.98 and a 12-month high of $295.44.

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.