Vanguard Capital Wealth Advisors Has $205,000 Holdings in abrdn Physical Platinum Shares ETF $PPLT

Vanguard Capital Wealth Advisors lessened its position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 82.0% in the 4th quarter, Holdings Channel reports. The fund 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 quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Abbington Investment Group purchased a new stake in shares of abrdn Physical Platinum Shares ETF in the third quarter valued at $3,253,000. Bleakley Financial Group LLC boosted its position in shares of abrdn Physical Platinum Shares ETF by 26.4% in the third quarter. Bleakley Financial Group LLC now owns 27,528 shares of the company’s stock worth $3,933,000 after buying an additional 5,754 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at $405,000. Accordant Advisory Group Inc purchased a new position in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at $3,500,000. Finally, Black Swift Group LLC raised its position in abrdn Physical Platinum Shares ETF by 61.6% during the third quarter. Black Swift Group LLC now owns 53,090 shares of the company’s stock valued at $7,585,000 after buying an additional 20,245 shares during the period. Institutional investors and hedge funds own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Price Performance

Shares of abrdn Physical Platinum Shares ETF stock opened at $180.79 on Friday. abrdn Physical Platinum Shares ETF has a 1 year low of $82.79 and a 1 year high of $261.62. The stock has a 50-day moving average price of $194.83 and a 200 day moving average price of $173.30.

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.