Vanguard Capital Wealth Advisors Sells 16,017 Shares of abrdn Physical Platinum Shares ETF $PPLT

Vanguard Capital Wealth Advisors cut its holdings in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 72.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,101 shares of the company’s stock after selling 16,017 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in abrdn Physical Platinum Shares ETF were worth $872,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. DAVENPORT & Co LLC boosted its stake in shares of abrdn Physical Platinum Shares ETF by 2,768.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 86,046 shares of the company’s stock valued at $10,572,000 after purchasing an additional 83,046 shares in the last quarter. CENTRAL TRUST Co lifted its stake in abrdn Physical Platinum Shares ETF by 24.3% in the 2nd quarter. CENTRAL TRUST Co now owns 318,113 shares of the company’s stock valued at $39,087,000 after purchasing an additional 62,198 shares during the last quarter. Intrepid Family Office LLC acquired a new stake in abrdn Physical Platinum Shares ETF in the second quarter valued at approximately $6,144,000. Arkadios Wealth Advisors bought a new stake in shares of abrdn Physical Platinum Shares ETF during the second quarter worth $5,257,000. Finally, Raymond James Financial Inc. increased its holdings in shares of abrdn Physical Platinum Shares ETF by 188.5% during the second quarter. Raymond James Financial Inc. now owns 63,278 shares of the company’s stock worth $7,775,000 after buying an additional 41,348 shares in the last quarter. Institutional investors and hedge funds own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Trading Up 6.3%

Shares of PPLT opened at $240.49 on Friday. abrdn Physical Platinum Shares ETF has a 52 week low of $82.79 and a 52 week high of $240.67. The stock has a fifty day moving average of $178.88 and a 200-day moving average of $148.94.

abrdn Physical Platinum Shares ETF Profile

The abrdn Physical Platinum Shares ETF (PPLT) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.