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

Wealthfront Advisers LLC increased its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 12.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 152,578 shares of the company’s stock after purchasing an additional 16,997 shares during the period. Wealthfront Advisers LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $31,370,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in GLTR. Measured Wealth Private Client Group LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter worth $32,000. GGM Financials LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter worth $38,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter worth $39,000. Financial Network Wealth Advisors LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter worth $52,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter worth $61,000.

abrdn Physical Precious Metals Basket Shares ETF Stock Down 0.7%

Shares of NYSEARCA GLTR opened at $218.84 on Tuesday. abrdn Physical Precious Metals Basket Shares ETF has a 52 week low of $128.14 and a 52 week high of $295.44. The firm’s fifty day moving average is $227.66 and its 200 day moving average is $212.47.

About abrdn Physical Precious Metals Basket Shares ETF

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.