Pinnacle Advisory Group Inc. Reduces Stock Position in ETFS Physical Swiss Gold Shares (BMV:SGOL)

Pinnacle Advisory Group Inc. lowered its stake in shares of ETFS Physical Swiss Gold Shares (BMV:SGOL) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,942 shares of the company’s stock after selling 3,503 shares during the period. ETFS Physical Swiss Gold Shares accounts for approximately 1.4% of Pinnacle Advisory Group Inc.’s portfolio, making the stock its 23rd largest holding. Pinnacle Advisory Group Inc.’s holdings in ETFS Physical Swiss Gold Shares were worth $20,936,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Advisory Services Network LLC purchased a new stake in shares of ETFS Physical Swiss Gold Shares in the second quarter worth $38,000. Parallel Advisors LLC bought a new position in ETFS Physical Swiss Gold Shares in the second quarter valued at $47,000. Wealthcare Advisory Partners LLC increased its stake in ETFS Physical Swiss Gold Shares by 72.4% in the first quarter. Wealthcare Advisory Partners LLC now owns 374 shares of the company’s stock valued at $47,000 after acquiring an additional 157 shares during the last quarter. Belvedere Advisors LLC bought a new position in ETFS Physical Swiss Gold Shares in the first quarter valued at $129,000. Finally, Asset Advisors Investment Management LLC bought a new position in ETFS Physical Swiss Gold Shares in the second quarter valued at $204,000.

SGOL traded down $0.11 during trading on Thursday, reaching $144.67. ETFS Physical Swiss Gold Shares has a 12 month low of $2,200.00 and a 12 month high of $2,400.00. The business has a 50-day moving average of $137.80.

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Institutional Ownership by Quarter for ETFS Physical Swiss Gold Shares (BMV:SGOL)

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