Axxcess Wealth Management LLC Acquires 3,348 Shares of abrdn Physical Precious Metals Basket Shares ETF $GLTR

Axxcess Wealth Management LLC boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 7.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,563 shares of the company’s stock after acquiring an additional 3,348 shares during the quarter. Axxcess Wealth Management LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $9,966,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 6.6% in the 4th quarter. Morgan Stanley now owns 553,776 shares of the company’s stock valued at $113,856,000 after purchasing an additional 34,142 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 12.0% during the 4th quarter. Wells Fargo & Company MN now owns 471,068 shares of the company’s stock valued at $96,852,000 after purchasing an additional 50,391 shares during the last quarter. LPL Financial LLC increased its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 39.6% during the 4th quarter. LPL Financial LLC now owns 380,713 shares of the company’s stock valued at $78,275,000 after purchasing an additional 107,963 shares during the last quarter. Bank of America Corp DE raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 8.2% during the 3rd quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock valued at $62,717,000 after buying an additional 28,819 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 10.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 232,088 shares of the company’s stock valued at $47,717,000 after buying an additional 21,283 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

Shares of GLTR opened at $185.68 on Wednesday. The business has a fifty day moving average of $204.67 and a 200 day moving average of $220.59. 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 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.