Northwestern Mutual Wealth Management Co. Raises Stock Position in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Northwestern Mutual Wealth Management Co. lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 232,088 shares of the company’s stock after acquiring an additional 21,283 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.79% of abrdn Physical Precious Metals Basket Shares ETF worth $47,717,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Merit Financial Group LLC increased its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 0.6% during the fourth quarter. Merit Financial Group LLC now owns 9,315 shares of the company’s stock worth $1,915,000 after acquiring an additional 51 shares during the period. Sowell Financial Services LLC increased its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 3.9% during the fourth quarter. Sowell Financial Services LLC now owns 1,738 shares of the company’s stock worth $357,000 after acquiring an additional 65 shares during the period. PFG Investments LLC increased its holdings in abrdn Physical Precious Metals Basket Shares ETF by 5.4% during the fourth quarter. PFG Investments LLC now owns 1,363 shares of the company’s stock valued at $280,000 after buying an additional 70 shares during the period. Global Assets Advisory LLC increased its holdings in abrdn Physical Precious Metals Basket Shares ETF by 0.8% during the fourth quarter. Global Assets Advisory LLC now owns 9,706 shares of the company’s stock valued at $1,996,000 after buying an additional 74 shares during the period. Finally, Prospera Financial Services Inc increased its holdings in abrdn Physical Precious Metals Basket Shares ETF by 2.9% during the third quarter. Prospera Financial Services Inc now owns 3,167 shares of the company’s stock valued at $524,000 after buying an additional 89 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

Shares of GLTR stock opened at $214.20 on Friday. The company’s 50 day moving average is $217.75 and its 200 day moving average is $218.76. abrdn Physical Precious Metals Basket Shares ETF has a 52-week low of $132.20 and a 52-week 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.