Sequoia Financial Advisors LLC Reduces Position in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Sequoia Financial Advisors LLC decreased its holdings in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,391 shares of the company’s stock after selling 4,333 shares during the period. Sequoia Financial Advisors LLC owned 1.28% of abrdn Physical Precious Metals Basket Shares ETF worth $34,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mutual Advisors LLC lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 13.2% during the 4th quarter. Mutual Advisors LLC now owns 2,808 shares of the company’s stock valued at $577,000 after buying an additional 327 shares in the last quarter. Citizens Financial Group Inc. RI grew its stake in abrdn Physical Precious Metals Basket Shares ETF by 10.1% in the 4th quarter. Citizens Financial Group Inc. RI now owns 3,260 shares of the company’s stock valued at $670,000 after buying an additional 298 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 12.5% during the 4th quarter. Wealthfront Advisers LLC now owns 152,578 shares of the company’s stock valued at $31,370,000 after acquiring an additional 16,997 shares during the period. Comerica Bank bought a new stake in abrdn Physical Precious Metals Basket Shares ETF during the 4th quarter valued at $139,000. Finally, Kestra Private Wealth Services LLC lifted its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 2.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 27,911 shares of the company’s stock worth $5,738,000 after acquiring an additional 756 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Up 4.2%

abrdn Physical Precious Metals Basket Shares ETF stock opened at $221.78 on Thursday. abrdn Physical Precious Metals Basket Shares ETF has a one year low of $128.14 and a one year high of $295.44. The business has a fifty day moving average price of $225.59 and a 200-day moving average price of $213.64.

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.