VectorGlobal IAG Inc. Acquires Shares of 3,853 abrdn Physical Precious Metals Basket Shares ETF $GLTR

VectorGlobal IAG Inc. bought a new stake in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,853 shares of the company’s stock, valued at approximately $843,000.

Other hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in abrdn Physical Precious Metals Basket Shares ETF by 6.6% during the 4th quarter. Morgan Stanley now owns 553,776 shares of the company’s stock worth $113,856,000 after acquiring an additional 34,142 shares in the last quarter. Wells Fargo & Company MN increased its position in abrdn Physical Precious Metals Basket Shares ETF by 12.0% in the 4th quarter. Wells Fargo & Company MN now owns 471,068 shares of the company’s stock valued at $96,852,000 after acquiring an additional 50,391 shares during the period. Bank of America Corp DE raised its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 5.9% during the first quarter. Bank of America Corp DE now owns 392,631 shares of the company’s stock worth $85,876,000 after purchasing an additional 21,793 shares during the last quarter. LPL Financial LLC raised its position in abrdn Physical Precious Metals Basket Shares ETF by 39.6% during the 4th quarter. LPL Financial LLC now owns 380,713 shares of the company’s stock worth $78,275,000 after buying an additional 107,963 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 10.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 232,088 shares of the company’s stock worth $47,717,000 after purchasing an additional 21,283 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

NYSEARCA:GLTR opened at $181.56 on Monday. abrdn Physical Precious Metals Basket Shares ETF has a 1 year low of $138.35 and a 1 year high of $295.44. The stock has a fifty day moving average price of $191.07 and a two-hundred day moving average price of $216.57.

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.