abrdn Physical Precious Metals Basket Shares ETF $GLTR Holdings Lowered by Paul R. Ried Financial Group LLC

Paul R. Ried Financial Group LLC trimmed its stake in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 11.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 91,325 shares of the company’s stock after selling 12,062 shares during the period. abrdn Physical Precious Metals Basket Shares ETF accounts for approximately 8.9% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 4th biggest position. Paul R. Ried Financial Group LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $18,776,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of GLTR. Ameriprise Financial Inc. grew its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 953.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 128,338 shares of the company’s stock valued at $21,227,000 after buying an additional 116,151 shares during the last quarter. Argos Wealth Advisors LLC purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 4th quarter valued at about $17,160,000. Thrivent Financial for Lutherans purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 4th quarter valued at about $16,966,000. Focus Partners Wealth lifted its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 19.4% in the 3rd quarter. Focus Partners Wealth now owns 206,430 shares of the company’s stock valued at $34,154,000 after purchasing an additional 33,587 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 8.2% in the 3rd quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock valued at $62,717,000 after purchasing an additional 28,819 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

abrdn Physical Precious Metals Basket Shares ETF stock opened at $216.99 on Tuesday. abrdn Physical Precious Metals Basket Shares ETF has a fifty-two week low of $129.91 and a fifty-two week high of $295.44. The stock has a 50-day simple moving average of $222.22 and a 200-day simple moving average of $216.41.

abrdn Physical Precious Metals Basket Shares ETF 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.