abrdn Physical Precious Metals Basket Shares ETF $GLTR is Summit Wealth & Retirement Planning Inc.’s 5th Largest Position

Summit Wealth & Retirement Planning Inc. decreased its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,485 shares of the company’s stock after selling 10,775 shares during the period. abrdn Physical Precious Metals Basket Shares ETF accounts for approximately 6.8% of Summit Wealth & Retirement Planning Inc.’s investment portfolio, making the stock its 5th largest position. Summit Wealth & Retirement Planning Inc.’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $28,884,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 8.2% in the 3rd quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock valued at $62,717,000 after buying an additional 28,819 shares during the period. Focus Partners Wealth grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 19.4% in the 3rd quarter. Focus Partners Wealth now owns 206,430 shares of the company’s stock valued at $34,154,000 after buying an additional 33,587 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 202,440 shares of the company’s stock valued at $45,253,000 after buying an additional 3,465 shares during the period. Wealthfront Advisers LLC grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 12.5% in the 4th quarter. Wealthfront Advisers LLC now owns 152,578 shares of the company’s stock valued at $31,370,000 after buying an additional 16,997 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 953.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 128,338 shares of the company’s stock valued at $21,227,000 after buying an additional 116,151 shares during the period.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

abrdn Physical Precious Metals Basket Shares ETF stock opened at $217.05 on Friday. The firm has a 50 day simple moving average of $226.74 and a 200-day simple moving average of $212.99. abrdn Physical Precious Metals Basket Shares ETF has a 1-year low of $128.14 and a 1-year high of $295.44.

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.