Wealthfront Advisers LLC Decreases Stock Holdings in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Wealthfront Advisers LLC lowered its position in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,581 shares of the company’s stock after selling 2,480 shares during the period. Wealthfront Advisers LLC owned 1.15% of abrdn Physical Precious Metals Basket Shares ETF worth $22,432,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GLTR. Royal Bank of Canada boosted its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 24,723 shares of the company’s stock worth $3,201,000 after acquiring an additional 763 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF during the second quarter worth approximately $29,000. Blair William & Co. IL acquired a new position in abrdn Physical Precious Metals Basket Shares ETF in the second quarter valued at approximately $246,000. IFP Advisors Inc increased its stake in abrdn Physical Precious Metals Basket Shares ETF by 100.0% in the second quarter. IFP Advisors Inc now owns 246 shares of the company’s stock valued at $34,000 after purchasing an additional 123 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 9.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,132 shares of the company’s stock worth $847,000 after purchasing an additional 519 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

Shares of NYSEARCA:GLTR opened at $240.57 on Tuesday. The firm has a 50 day simple moving average of $221.36 and a 200-day simple moving average of $182.47. abrdn Physical Precious Metals Basket Shares ETF has a twelve month low of $117.50 and a twelve month 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.