Gold has long been viewed as a safe haven investment, and with the S&P 500 index trading near all-time highs it’s understandable if you want to add some to your portfolio. But how do you go about doing that? Gold bullion, gold miners, gold-linked ETFs? Actually, one of the best ways to get precious-metals exposure is with streaming and royalty companies like Royal Gold (NASDAQ:RGLD), Franco-Nevada (NYSE:FNV), and Wheaton Precious Metals (NYSE:WPM). Here’s a look at each.
1. Big on gold
Royal Gold generated roughly 75% of its revenue from gold in fiscal 2021,....More>>>
Advisors Asset Management Inc. reduced its stake in shares of Wheaton Precious Metals Corp. (NYSE:WPM) by 11.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,633 shares of the company’s stock after selling 1,348 shares during the quarter. Advisors Asset Management Inc.’s holdings in Wheaton Precious Metals were worth $469,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Edmond DE Rothschild Holding....More>>>