Wealthfront Advisers LLC Trims Stake in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Wealthfront Advisers LLC cut its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 1.8% in the third quarter, Holdings Channel reports. The firm owned 135,581 shares of the company’s stock after selling 2,480 shares during the period. Wealthfront Advisers LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $22,432,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in abrdn Physical Precious Metals Basket Shares ETF by 3.2% in the first quarter. Royal Bank of Canada now owns 24,723 shares of the company’s stock valued at $3,201,000 after buying an additional 763 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the second quarter worth approximately $29,000. Blair William & Co. IL purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the second quarter worth approximately $246,000. IFP Advisors Inc increased its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 100.0% in the 2nd quarter. IFP Advisors Inc now owns 246 shares of the company’s stock valued at $34,000 after acquiring an additional 123 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in abrdn Physical Precious Metals Basket Shares ETF by 9.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,132 shares of the company’s stock valued at $847,000 after purchasing an additional 519 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 4.5%

Shares of NYSEARCA:GLTR opened at $240.57 on Tuesday. abrdn Physical Precious Metals Basket Shares ETF has a 1-year low of $117.50 and a 1-year high of $295.44. The firm has a fifty day moving average price of $221.36 and a 200 day moving average price of $182.47.

abrdn Physical Precious Metals Basket Shares ETF 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.