Belpointe Asset Management LLC Purchases 8,373 Shares of abrdn Physical Precious Metals Basket Shares ETF $GLTR

Belpointe Asset Management LLC boosted its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 26.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,975 shares of the company’s stock after buying an additional 8,373 shares during the period. Belpointe Asset Management LLC owned approximately 0.31% of abrdn Physical Precious Metals Basket Shares ETF worth $8,219,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GLTR. Measured Wealth Private Client Group LLC bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $32,000. GGM Financials LLC bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $38,000. Grey Fox Wealth Advisors LLC bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $39,000. Financial Network Wealth Advisors LLC bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $52,000. Finally, JPMorgan Chase & Co. bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $61,000.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

Shares of abrdn Physical Precious Metals Basket Shares ETF stock opened at $230.60 on Monday. abrdn Physical Precious Metals Basket Shares ETF has a one year low of $128.14 and a one year high of $295.44. The business has a 50-day simple moving average of $229.22 and a 200 day simple moving average of $210.30.

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.