Abrdn Precious Metals Basket ETF Trust is an investment trust. The Trust holds gold, silver, platinum and palladium in set ratios (together, Bullion) and issues Aberdeen Standard Physical Precious Metals Basket Shares ETF in minimum blocks of 50,000 Shares (also referred to as Baskets) in exchange for deposits of Bullion and distributes Bullion in connection with the redemption of Baskets. The investment objective of the Trust is for the shares to reflect the performance of the price of physical gold, silver, platinum and palladium in the proportions held by the Trust, less the expenses of the Trust's operations. We show 12 historical shares outstanding datapoints in our coverage of GLTR's shares outstanding history.
Understanding the changing numbers of GLTR shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GLTR versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching GLTR by allowing them to research GLTR shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
