abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Shares Shorted: Short Interest Down 82.1% in September

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,417 shares, a drop of 82.1% from the September 15th total of 19,058 shares. Based on an average trading volume of 43,988 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GLTR. Bank of America Corp DE increased its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 5.9% in the first quarter. Bank of America Corp DE now owns 392,631 shares of the company’s stock worth $85,876,000 after purchasing an additional 21,793 shares during the period. Focus Partners Wealth boosted its stake in abrdn Physical Precious Metals Basket Shares ETF by 6.2% during the fourth quarter. Focus Partners Wealth now owns 219,174 shares of the company’s stock valued at $45,062,000 after buying an additional 12,744 shares during the period. Wealthfront Advisers LLC boosted its stake in abrdn Physical Precious Metals Basket Shares ETF by 21.9% during the first quarter. Wealthfront Advisers LLC now owns 185,979 shares of the company’s stock valued at $40,677,000 after buying an additional 33,401 shares during the period. Rockefeller Capital Management L.P. grew its position in abrdn Physical Precious Metals Basket Shares ETF by 25.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 176,276 shares of the company’s stock worth $36,242,000 after buying an additional 35,985 shares in the last quarter. Finally, Argos Wealth Advisors LLC grew its position in abrdn Physical Precious Metals Basket Shares ETF by 0.8% during the first quarter. Argos Wealth Advisors LLC now owns 84,133 shares of the company’s stock worth $18,402,000 after buying an additional 670 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Up 2.0%

Shares of NYSEARCA:GLTR opened at $187.45 on Friday. The company has a 50 day moving average of $196.12 and a 200 day moving average of $201.12. abrdn Physical Precious Metals Basket Shares ETF has a 12 month low of $167.52 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.