Gradient Investments LLC Boosts Stake in abrdn Physical Palladium Shares ETF $PALL

Gradient Investments LLC increased its stake in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) by 92.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 79,132 shares of the exchange traded fund’s stock after purchasing an additional 38,003 shares during the quarter. Gradient Investments LLC owned approximately 1.43% of abrdn Physical Palladium Shares ETF worth $9,034,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Evergreen Capital Management LLC raised its stake in shares of abrdn Physical Palladium Shares ETF by 2.8% in the second quarter. Evergreen Capital Management LLC now owns 43,076 shares of the exchange traded fund’s stock worth $4,334,000 after buying an additional 1,174 shares during the period. Manatuck Hill Partners LLC purchased a new stake in abrdn Physical Palladium Shares ETF in the 2nd quarter worth approximately $6,540,000. IHT Wealth Management LLC increased its holdings in abrdn Physical Palladium Shares ETF by 263.9% in the 2nd quarter. IHT Wealth Management LLC now owns 18,608 shares of the exchange traded fund’s stock worth $1,872,000 after acquiring an additional 13,495 shares in the last quarter. Eschler Asset Management LLP bought a new stake in abrdn Physical Palladium Shares ETF during the 2nd quarter worth approximately $302,000. Finally, Benjamin Edwards Inc. purchased a new position in abrdn Physical Palladium Shares ETF during the second quarter valued at approximately $294,000. Institutional investors own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Trading Up 2.3%

PALL opened at $149.48 on Thursday. The company has a 50 day simple moving average of $132.26 and a two-hundred day simple moving average of $114.81. abrdn Physical Palladium Shares ETF has a 1-year low of $82.39 and a 1-year high of $150.60.

About abrdn Physical Palladium Shares ETF

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust).