abrdn Physical Precious Metals Basket Shares ETF $GLTR Stock Holdings Decreased by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. reduced its stake in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 14.0% during the 1st quarter, Holdings Channel reports. The fund owned 23,050 shares of the company’s stock after selling 3,757 shares during the quarter. abrdn Physical Precious Metals Basket Shares ETF makes up approximately 4.3% of Stegent Equity Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. Stegent Equity Advisors Inc.’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $5,041,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Morgan Stanley raised its position in abrdn Physical Precious Metals Basket Shares ETF by 6.6% in the 4th quarter. Morgan Stanley now owns 553,776 shares of the company’s stock valued at $113,856,000 after purchasing an additional 34,142 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 12.0% during the fourth quarter. Wells Fargo & Company MN now owns 471,068 shares of the company’s stock worth $96,852,000 after buying an additional 50,391 shares during the period. LPL Financial LLC raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 39.6% in the fourth quarter. LPL Financial LLC now owns 380,713 shares of the company’s stock valued at $78,275,000 after acquiring an additional 107,963 shares in the last quarter. Bank of America Corp DE raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 8.2% in the third quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock valued at $62,717,000 after acquiring an additional 28,819 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in abrdn Physical Precious Metals Basket Shares ETF by 10.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 232,088 shares of the company’s stock worth $47,717,000 after acquiring an additional 21,283 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 0.5%

NYSEARCA GLTR opened at $181.99 on Thursday. abrdn Physical Precious Metals Basket Shares ETF has a 52 week low of $137.98 and a 52 week high of $295.44. The firm has a 50 day moving average of $207.38 and a two-hundred day moving average of $220.90.

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.