Sequoia Financial Advisors LLC Trims Holdings in abrdn Physical Precious Metals Basket Shares ETF $GLTR

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

Other large investors have also modified their holdings of the company. Merit Financial Group LLC lifted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 0.6% during the 4th quarter. Merit Financial Group LLC now owns 9,315 shares of the company’s stock worth $1,915,000 after buying an additional 51 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 3.9% in the 1st quarter. AdvisorNet Financial Inc now owns 1,475 shares of the company’s stock worth $323,000 after buying an additional 56 shares during the last quarter. Eagle Bay Advisors LLC grew its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 2.9% during the 1st quarter. Eagle Bay Advisors LLC now owns 2,200 shares of the company’s stock valued at $481,000 after buying an additional 63 shares during the last quarter. Sowell Financial Services LLC raised its stake in 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. Finally, Principal Securities Inc. boosted its stake in abrdn Physical Precious Metals Basket Shares ETF by 4.0% in the fourth quarter. Principal Securities Inc. now owns 1,698 shares of the company’s stock valued at $349,000 after acquiring an additional 65 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

GLTR traded down $0.38 during trading on Friday, reaching $184.81. 28,771 shares of the company were exchanged, compared to its average volume of 118,303. abrdn Physical Precious Metals Basket Shares ETF has a 52 week low of $137.98 and a 52 week high of $295.44. The firm has a 50 day moving average of $202.85 and a 200 day moving average of $220.09.

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.