Stegent Equity Advisors Inc. Trims Stock Holdings in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Stegent Equity Advisors Inc. lessened its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 11.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,807 shares of the company’s stock after selling 3,387 shares during the period. abrdn Physical Precious Metals Basket Shares ETF accounts for about 4.3% of Stegent Equity Advisors Inc.’s portfolio, making the stock its 3rd biggest holding. Stegent Equity Advisors Inc. owned about 0.21% of abrdn Physical Precious Metals Basket Shares ETF worth $5,512,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 8.2% in the third 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. Focus Partners Wealth increased its position in abrdn Physical Precious Metals Basket Shares ETF by 19.4% in the 3rd quarter. Focus Partners Wealth now owns 206,430 shares of the company’s stock valued at $34,154,000 after acquiring an additional 33,587 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 1.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 202,440 shares of the company’s stock valued at $45,253,000 after acquiring an additional 3,465 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 953.1% during the third quarter. Ameriprise Financial Inc. now owns 128,338 shares of the company’s stock worth $21,227,000 after purchasing an additional 116,151 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 19.2% in the third quarter. Commonwealth Equity Services LLC now owns 97,103 shares of the company’s stock worth $16,066,000 after purchasing an additional 15,670 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

NYSEARCA GLTR opened at $207.98 on Monday. abrdn Physical Precious Metals Basket Shares ETF has a twelve month low of $119.45 and a twelve month high of $295.44. The stock has a fifty day simple moving average of $237.70 and a 200 day simple moving average of $203.74.

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.