abrdn Physical Precious Metals Basket Shares ETF $GLTR Shares Sold by Paul R. Ried Financial Group LLC

Paul R. Ried Financial Group LLC reduced its position in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 82,789 shares of the company’s stock after selling 8,536 shares during the quarter. abrdn Physical Precious Metals Basket Shares ETF comprises 8.4% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 5th largest holding. Paul R. Ried Financial Group LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $18,108,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GLTR. Ameriprise Financial Inc. raised its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 953.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 128,338 shares of the company’s stock worth $21,227,000 after buying an additional 116,151 shares in the last quarter. LPL Financial LLC boosted its stake in abrdn Physical Precious Metals Basket Shares ETF by 39.6% during the fourth quarter. LPL Financial LLC now owns 380,713 shares of the company’s stock valued at $78,275,000 after buying an additional 107,963 shares in the last quarter. Argos Wealth Advisors LLC bought a new position in abrdn Physical Precious Metals Basket Shares ETF during the fourth quarter valued at about $17,160,000. Thrivent Financial for Lutherans acquired a new position in abrdn Physical Precious Metals Basket Shares ETF during the fourth quarter worth about $16,966,000. Finally, Wells Fargo & Company MN grew its holdings in abrdn Physical Precious Metals Basket Shares ETF by 12.0% during the fourth quarter. Wells Fargo & Company MN now owns 471,068 shares of the company’s stock worth $96,852,000 after acquiring an additional 50,391 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 0.0%

Shares of abrdn Physical Precious Metals Basket Shares ETF stock opened at $178.56 on Tuesday. The company’s 50-day moving average price is $197.80 and its two-hundred day moving average price is $218.73. abrdn Physical Precious Metals Basket Shares ETF has a 52 week low of $137.98 and a 52 week high of $295.44.

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.