abrdn Physical Precious Metals Basket Shares ETF
GLTR
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1900 Market Street, Suite 200 Philadelphia PA United States of America 19103
- IPO Date
- Oct 22, 2010
- CIK
- 0001483386
- Website
- aberdeeninvestments.com
- Similar Companies
- Business
- abrdn Physical Precious Metals Basket Shares ETF (NYSE Arca: GLTR) is an exchange-traded fund that seeks to reflect the performance of the prices of physical gold, silver, platinum and palladium bullion held by the abrdn Precious Metals Basket ETF Trust, less the Trust's expenses. The ETF provides investors with physically backed exposure to a diversified basket of these precious metals through shares that trade on the NYSE Arca exchange; it holds allocated bars of gold, silver, platinum and palladium in secure vaults in London, UK, with daily bar lists published for transparency and inspections conducted twice annually by Bureau Veritas Commodities UK Ltd. The Trust was launched on October 21, 2010, sponsored by abrdn ETFs Sponsor LLC (a subsidiary of abrdn Inc., headquartered in Philadelphia, Pennsylvania, part of the UK-based abrdn group founded in 1825 and formerly known as Aberdeen Standard Investments), with The Bank of New York Mellon as trustee and ICBC Standard as custodian. The ETF's core offerings consist of physical precious metals bullion, including gold (approximately 64% weighting), silver (28%), platinum (4%) and palladium (4%), priced based on LBMA and LPPM benchmarks such as the LBMA Gold Price PM, LBMA Silver Price, LBMA Platinum Price PM and LBMA Palladium Price PM, less a total expense ratio of 0.60%; shares represent fractional undivided beneficial ownership in the Trust's metals holdings, with creation and redemption in blocks for authorized participants. It targets investors seeking cost-effective, liquid access to broad precious metals diversification without futures contracts or lending risks, primarily retail and institutional investors focused on commodities as portfolio diversifiers amid inflation, geopolitical tensions or economic uncertainty. Recent developments include significant inflows of $323 million over the past year, driving assets under management to over $2 billion as of late 2025, alongside strong performance with year-to-date returns exceeding 49% as of September 30, 2025, fueled by bullish trends in gold and silver prices. In 2025, parent abrdn expanded its U.S. ETF lineup with launches of active strategies such as the abrdn Focused U.S. Small Cap Active ETF (AFSC) and abrdn Emerging Markets Dividend Active ETF (AGEM) in February, followed by mutual fund conversions and mergers into AGEM in October, complementing its passive precious metals offerings like GLTR. The broader abrdn group reverted its trading name from abrdn to aberdeen in March 2025, reflecting a strategic rebranding while maintaining global operations across financial services segments.