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

Institutional Holders (2016Q4)
Portfolio Summary: 43 Institutional holders with a total value of $86,327,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Charles Schwab Investment Advisory, Inc. 781,469 44,981,000 52.11%
2 UBS Group AG 145,544 8,378,000 9.70%
3 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 71,933 4,141,000 4.80%
4 Courage Miller Partners, LLC 70,356 4,050,000 4.69%
5 Raymond James Financial Services Advisors, Inc. 53,265 3,066,000 3.55%
6 BANK OF AMERICA CORP /DE/ 53,153 3,059,000 3.54%
7 WELLS FARGO & COMPANY/MN 52,333 3,013,000 3.49%
8 MORGAN STANLEY 36,779 2,117,000 2.45%
9 ALMANACK INVESTMENT PARTNERS, LLC. 31,296 1,801,000 2.09%
10 Commonwealth Equity Services, Inc 20,369 1,172,000 1.36%
11 UNITED CAPITAL FINANCIAL ADVISORS, LLC 18,789 1,081,000 1.25%
12 IFP ADVISORS, INC 18,286 1,053,000 1.22%
13 Cambridge Investment Research Advisors, Inc. 18,102 1,042,000 1.21%
14 AVALON CAPITAL MANAGEMENT 17,336 998,000 1.16%
15 LPL Financial LLC 13,668 800,000 0.93%
16 ALLIANCE WEALTH MANAGEMENT GROUP 11,020 634,000 0.73%
17 AMERIPRISE FINANCIAL INC 10,780 620,000 0.72%
18 RAYMOND JAMES & ASSOCIATES 9,425 543,000 0.63%
19 Texas Yale Capital Corp. 8,800 507,000 0.59%
20 Braver Wealth Management, LLC 8,775 505,000 0.58%
21 CWM, LLC 8,367 482,000 0.56%
22 Advisory Alpha, LLC 5,979 353,000 0.41%
23 Pinnacle Advisory Group, Inc. 6,124 352,000 0.41%
24 Tradewinds Capital Management, LLC 5,493 316,000 0.37%
25 Cutter & CO Brokerage, Inc. 5,050 291,000 0.34%
26 Moors & Cabot, Inc. 4,760 277,000 0.32%
27 Virtu KCG Holdings LLC 4,436 255,000 0.30%
28 MSI Financial Services Inc 2,492 143,000 0.17%
29 ROYAL BANK OF CANADA 1,353 78,000 0.09%
30 Creative Planning 729 42,000 0.05%
31 KERNODLE & KATON ASSET MANAGEMENT GROUP, LLC 722 42,000 0.05%
32 ADVISOR GROUP, INC. 631 37,000 0.04%
33 WFG Advisors, LP 500 29,000 0.03%
34 GUIDANT WEALTH ADVISORS 274 17,000 0.02%
35 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 251 15,000 0.02%
36 CITIGROUP INC 235 14,000 0.02%
37 Horrell Capital Management, Inc. 500 8,000 0.01%
38 BlackRock Finance, Inc. 121 7,000 0.01%
39 Transamerica Financial Advisors, LLC 41 3,000 0.00%
40 LADENBURG THALMANN FINANCIAL SERVICES INC. 50 3,000 0.00%
41 PNC FINANCIAL SERVICES GROUP, INC. 23 1,000 0.00%
42 Gradient Investments LLC 18 1,000 0.00%
43 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.