Advance Capital Management Inc. Cuts Position in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Advance Capital Management Inc. lowered its position in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 21.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 64,867 shares of the company’s stock after selling 17,781 shares during the quarter. abrdn Physical Precious Metals Basket Shares ETF comprises approximately 0.6% of Advance Capital Management Inc.’s holdings, making the stock its 15th largest holding. Advance Capital Management Inc. owned approximately 0.52% of abrdn Physical Precious Metals Basket Shares ETF worth $13,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLTR. Commonwealth Equity Services LLC boosted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 19.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 97,103 shares of the company’s stock worth $16,066,000 after acquiring an additional 15,670 shares during the period. FAS Wealth Partners Inc. acquired a new stake in abrdn Physical Precious Metals Basket Shares ETF in the third quarter valued at approximately $397,000. Global View Capital Management LLC purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF during the third quarter valued at approximately $1,092,000. Summit Wealth Partners LLC lifted its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 43.5% during the third quarter. Summit Wealth Partners LLC now owns 9,667 shares of the company’s stock worth $1,599,000 after purchasing an additional 2,930 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 75.0% in the second quarter. Osaic Holdings Inc. now owns 27,529 shares of the company’s stock valued at $3,803,000 after purchasing an additional 11,795 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Stock Down 4.2%

GLTR opened at $214.64 on Friday. The company has a fifty day simple moving average of $240.90 and a 200 day simple moving average of $200.71. abrdn Physical Precious Metals Basket Shares ETF has a twelve month low of $119.45 and a twelve month high of $295.44.

About abrdn Physical Precious Metals Basket Shares ETF

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.