Virtue Capital Management LLC Sells 5,064 Shares of abrdn Physical Precious Metals Basket Shares ETF $GLTR

Virtue Capital Management LLC lowered its position in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 39.8% in the third quarter, Holdings Channel.com reports. The fund owned 7,671 shares of the company’s stock after selling 5,064 shares during the quarter. Virtue Capital Management LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $1,429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 21.9% in the first quarter. Wealthfront Advisers LLC now owns 185,979 shares of the company’s stock worth $40,677,000 after acquiring an additional 33,401 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in abrdn Physical Precious Metals Basket Shares ETF by 29.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 14,498 shares of the company’s stock valued at $2,625,000 after purchasing an additional 3,308 shares during the last quarter. Royal Bank of Canada raised its stake in abrdn Physical Precious Metals Basket Shares ETF by 18.6% in the 1st quarter. Royal Bank of Canada now owns 31,236 shares of the company’s stock valued at $6,832,000 after purchasing an additional 4,889 shares during the last quarter. Private Advisor Group LLC raised its stake in abrdn Physical Precious Metals Basket Shares ETF by 778.1% in the 1st quarter. Private Advisor Group LLC now owns 46,274 shares of the company’s stock valued at $10,121,000 after purchasing an additional 41,004 shares during the last quarter. Finally, VectorGlobal IAG Inc. purchased a new position in abrdn Physical Precious Metals Basket Shares ETF in the 1st quarter valued at $843,000.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

Shares of GLTR stock opened at $165.78 on Monday. abrdn Physical Precious Metals Basket Shares ETF has a fifty-two week low of $164.75 and a fifty-two week high of $295.44. The stock’s fifty day moving average is $190.80 and its two-hundred day moving average is $208.80.

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.