RFG Advisory LLC Makes New $4.10 Million Investment in abrdn Physical Precious Metals Basket Shares ETF $GLTR

RFG Advisory LLC bought a new position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,742 shares of the company’s stock, valued at approximately $4,099,000. RFG Advisory LLC owned about 0.14% of abrdn Physical Precious Metals Basket Shares ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada increased its position in abrdn Physical Precious Metals Basket Shares ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 24,723 shares of the company’s stock worth $3,201,000 after purchasing an additional 763 shares in the last quarter. Baird Financial Group Inc. boosted its position in abrdn Physical Precious Metals Basket Shares ETF by 19.6% in the second quarter. Baird Financial Group Inc. now owns 3,517 shares of the company’s stock valued at $486,000 after buying an additional 576 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 21.4% during the second quarter. NewEdge Advisors LLC now owns 8,388 shares of the company’s stock worth $1,159,000 after buying an additional 1,477 shares during the last quarter. Peapack Gladstone Financial Corp grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 88.8% during the second quarter. Peapack Gladstone Financial Corp now owns 3,190 shares of the company’s stock worth $440,000 after buying an additional 1,500 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 1.1% during the second quarter. Raymond James Financial Inc. now owns 33,743 shares of the company’s stock worth $4,662,000 after buying an additional 358 shares during the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 1.1%

Shares of NYSEARCA:GLTR opened at $180.19 on Friday. abrdn Physical Precious Metals Basket Shares ETF has a 52-week low of $136.42 and a 52-week high of $295.44. The company has a fifty day moving average of $211.09 and a 200-day moving average of $221.18.

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.