Belpointe Asset Management LLC Takes Position in abrdn Physical Palladium Shares ETF $PALL

Belpointe Asset Management LLC bought a new position in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 20,981 shares of the exchange traded fund’s stock, valued at approximately $2,111,000. Belpointe Asset Management LLC owned about 0.41% of abrdn Physical Palladium Shares ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new position in shares of abrdn Physical Palladium Shares ETF in the first quarter valued at about $25,000. Rossby Financial LCC acquired a new position in abrdn Physical Palladium Shares ETF in the 1st quarter worth approximately $172,000. HB Wealth Management LLC purchased a new position in abrdn Physical Palladium Shares ETF during the 2nd quarter worth approximately $211,000. Linden Thomas Advisory Services LLC raised its position in abrdn Physical Palladium Shares ETF by 14.2% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 3,628 shares of the exchange traded fund’s stock worth $329,000 after buying an additional 450 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in abrdn Physical Palladium Shares ETF by 36.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,397 shares of the exchange traded fund’s stock valued at $367,000 after acquiring an additional 1,186 shares during the period. Institutional investors and hedge funds own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Stock Up 4.9%

PALL stock opened at $121.33 on Tuesday. abrdn Physical Palladium Shares ETF has a 12 month low of $82.39 and a 12 month high of $121.69. The firm’s fifty day simple moving average is $106.74 and its 200-day simple moving average is $98.57.

About abrdn Physical Palladium Shares ETF

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust).