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ETFS PHYSICAL
ETFS PHYSICAL. Institutional holdings reported to the SEC.

Institutional Holders (2016Q1)
Portfolio Summary: 30 Institutional holders with a total value of $46,579,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Charles Schwab Investment Advisory, Inc. 425,289 25,211,000 54.13%
2 UBS Group AG 80,471 4,770,000 10.24%
3 Courage Miller Partners, LLC 74,304 4,405,000 9.46%
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 31,563 1,871,000 4.02%
5 BANK OF AMERICA CORP /DE/ 29,409 1,743,000 3.74%
6 Raymond James Financial Services Advisors, Inc. 27,094 1,606,000 3.45%
7 Advisory Alpha, LLC 22,327 1,324,000 2.84%
8 MORGAN STANLEY 20,944 1,242,000 2.67%
9 LPL Financial LLC 20,300 1,192,000 2.56%
10 IFP ADVISORS, INC 9,852 584,000 1.25%
11 CORNERSTONE WEALTH MANAGEMENT, LLC 4,127 499,000 1.07%
12 WELLS FARGO & COMPANY/MN 5,781 343,000 0.74%
13 Cutter & CO Brokerage, Inc. 5,150 305,000 0.65%
14 Cambridge Investment Research Advisors, Inc. 4,202 249,000 0.53%
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 3,728 221,000 0.47%
16 Gradient Investments LLC 3,619 215,000 0.46%
17 Fernwood Investment Management, LLC 3,600 213,000 0.46%
18 Commonwealth Equity Services, Inc 3,594 213,000 0.46%
19 KERNODLE & KATON ASSET MANAGEMENT GROUP, LLC 2,549 151,000 0.32%
20 ROYAL BANK OF CANADA 1,353 80,000 0.17%
21 AMERICAN INTERNATIONAL GROUP, INC. 600 36,000 0.08%
22 MSI Financial Services Inc 536 32,000 0.07%
23 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 500 30,000 0.06%
24 CITIGROUP INC 235 14,000 0.03%
25 Creative Planning 185 11,000 0.02%
26 Horrell Capital Management, Inc. 500 8,000 0.02%
27 BlackRock Finance, Inc. 121 7,000 0.02%
28 LADENBURG THALMANN FINANCIAL SERVICES INC. 50 3,000 0.01%
29 PNC FINANCIAL SERVICES GROUP, INC. 23 1,000 0.00%
30 Parallax Volatility Advisers, L.P. 1 0 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.