Commonwealth Equity Services LLC Acquires 33,479 Shares of abrdn Physical Precious Metals Basket Shares ETF $GLTR

Commonwealth Equity Services LLC grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 46.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 105,433 shares of the company’s stock after buying an additional 33,479 shares during the quarter. Commonwealth Equity Services LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $19,642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLTR. Wealthfront Advisers LLC increased its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 21.9% in the first quarter. Wealthfront Advisers LLC now owns 185,979 shares of the company’s stock worth $40,677,000 after buying an additional 33,401 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 29.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 14,498 shares of the company’s stock valued at $2,625,000 after acquiring an additional 3,308 shares during the last quarter. Royal Bank of Canada boosted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 18.6% during the 1st quarter. Royal Bank of Canada now owns 31,236 shares of the company’s stock valued at $6,832,000 after acquiring an additional 4,889 shares during the period. Sowell Financial Services LLC boosted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 356.2% during the 3rd quarter. Sowell Financial Services LLC now owns 7,578 shares of the company’s stock valued at $1,412,000 after acquiring an additional 5,917 shares during the period. Finally, VectorGlobal IAG Inc. purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF during the 1st quarter valued at about $843,000.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

GLTR opened at $177.38 on Tuesday. The stock’s 50 day simple moving average is $186.51 and its 200 day simple moving average is $206.82. abrdn Physical Precious Metals Basket Shares ETF has a 1 year low of $164.75 and a 1 year 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.