Gradient Investments LLC lessened its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 23.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,744 shares of the exchange traded fund’s stock after selling 1,780 shares during the quarter. Gradient Investments LLC’s holdings in iShares Silver Trust were worth $127,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the company. Arkadios Wealth Advisors grew its position in iShares Silver Trust by 10.6% during the 4th quarter. Arkadios Wealth Advisors now owns 41,181 shares of the exchange traded fund’s stock worth $907,000 after purchasing an additional 3,958 shares during the last quarter. Connectus Wealth LLC purchased a new stake in iShares Silver Trust during the 4th quarter worth approximately $714,000. Money Design Co. Ltd. grew its position in iShares Silver Trust by 41.4% during the 4th quarter. Money Design Co. Ltd. now owns 1,119,060 shares of the exchange traded fund’s stock worth $24,642,000 after purchasing an additional 327,509 shares during the last quarter. IHT Wealth Management LLC grew its position in iShares Silver Trust by 3.1% during the 3rd quarter. IHT Wealth Management LLC now owns 177,590 shares of the exchange traded fund’s stock worth $3,108,000 after purchasing an additional 5,297 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of iShares Silver Trust by 29.2% in the 4th quarter. AE Wealth Management LLC now owns 887,817 shares of the exchange traded fund’s stock valued at $19,550,000 after acquiring an additional 200,864 shares during the last quarter.
iShares Silver Trust Trading Down 0.6 %
NYSEARCA:SLV opened at $20.85 on Thursday. iShares Silver Trust has a 1-year low of $16.19 and a 1-year high of $23.94. The company’s fifty day moving average price is $22.07 and its 200-day moving average price is $21.53.
About iShares Silver Trust
iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.
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