abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Stock Short Interest Falls 82.1%

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 3,417 shares, a drop of 82.1% from the September 15th total of 19,058 shares. Based on an average trading volume of 43,988 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

abrdn Physical Precious Metals Basket Shares ETF Trading Down 0.7%

GLTR traded down $1.26 on Monday, hitting $186.19. The company had a trading volume of 43,211 shares, compared to its average volume of 98,481. abrdn Physical Precious Metals Basket Shares ETF has a 12-month low of $167.52 and a 12-month high of $295.44. The business’s fifty day simple moving average is $196.12 and its 200 day simple moving average is $201.10.

Institutional Investors Weigh In On abrdn Physical Precious Metals Basket Shares ETF

Several institutional investors have recently modified their holdings of GLTR. Bank of America Corp DE boosted its position 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 valued at $85,876,000 after buying an additional 21,793 shares during the period. Focus Partners Wealth raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 6.2% in the fourth quarter. Focus Partners Wealth now owns 219,174 shares of the company’s stock worth $45,062,000 after buying an additional 12,744 shares during the period. Wealthfront Advisers LLC raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 21.9% in the first quarter. Wealthfront Advisers LLC now owns 185,979 shares of the company’s stock worth $40,677,000 after buying an additional 33,401 shares during the period. Rockefeller Capital Management L.P. lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 25.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 176,276 shares of the company’s stock worth $36,242,000 after acquiring an additional 35,985 shares during the last quarter. Finally, Argos Wealth Advisors LLC lifted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 0.8% during the 1st quarter. Argos Wealth Advisors LLC now owns 84,133 shares of the company’s stock worth $18,402,000 after acquiring an additional 670 shares during the last quarter.

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.