Wealthfront Advisers LLC Grows Stake in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Wealthfront Advisers LLC raised its position in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 21.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 185,979 shares of the company’s stock after purchasing an additional 33,401 shares during the quarter. Wealthfront Advisers LLC owned 1.35% of abrdn Physical Precious Metals Basket Shares ETF worth $40,677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Reyes Financial Architecture Inc. purchased a new position in abrdn Physical Precious Metals Basket Shares ETF during the fourth quarter valued at $700,000. Brookstone Capital Management increased its position in abrdn Physical Precious Metals Basket Shares ETF by 104.2% in the fourth quarter. Brookstone Capital Management now owns 6,450 shares of the company’s stock worth $1,326,000 after buying an additional 3,292 shares in the last quarter. Berger Financial Group Inc bought a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the fourth quarter worth about $488,000. WJ Wealth Management LLC raised its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 5.4% in the fourth quarter. WJ Wealth Management LLC now owns 47,429 shares of the company’s stock worth $9,751,000 after buying an additional 2,409 shares during the period. Finally, SFG Wealth Management LLC. bought a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the fourth quarter worth about $2,938,000.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

abrdn Physical Precious Metals Basket Shares ETF stock opened at $181.87 on Thursday. The firm has a 50 day moving average of $200.73 and a 200 day moving average of $219.50. abrdn Physical Precious Metals Basket Shares ETF has a 12-month low of $137.98 and a 12-month 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.