Wealth Enhancement Advisory Services Trims Royal Gold Holdings

The firm reduced its stake in the precious metals company by 75.6% during the fourth quarter.

Mar. 28, 2026 at 11:27am

Got story updates? Submit your updates here. ›

Wealth Enhancement Advisory Services LLC reduced its stake in shares of Royal Gold, Inc. (NASDAQ:RGLD) by 75.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 33,469 shares of the basic materials company's stock after selling 103,816 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Royal Gold were worth $8,209,000 as of its most recent filing with the SEC.

Why it matters

This filing provides insight into the investment strategy and portfolio changes of Wealth Enhancement Advisory Services, a prominent wealth management firm. Tracking institutional investors' moves can offer clues about market sentiment and potential future trends in the precious metals industry.

The details

Wealth Enhancement Advisory Services reduced its position in Royal Gold, a major precious metals streaming and royalty company, by selling over 100,000 shares during the fourth quarter. This significant decrease in the firm's holdings suggests a shift in its investment thesis or portfolio allocation for the basic materials sector.

  • Wealth Enhancement Advisory Services filed its 13F report for the fourth quarter of 2025 on March 28, 2026.

The players

Wealth Enhancement Advisory Services LLC

A wealth management firm that provides financial planning and investment advisory services.

Royal Gold, Inc.

A leading precious metals streaming and royalty company that provides upfront financing to mining operators in exchange for a percentage of future metal production.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the changing investment strategies of institutional investors and the potential shifts in sentiment around the precious metals industry. As a prominent wealth management firm, Wealth Enhancement Advisory Services' portfolio adjustments could signal broader trends that investors should monitor.