Wellington Management Group LLP lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 36.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,434,230 shares of the exchange traded fund’s stock after selling 1,396,006 shares during the period. Wellington Management Group LLP owned 0.49% of iShares Silver Trust worth $49,512,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of SLV. Blair William & Co. IL boosted its stake in iShares Silver Trust by 8.2% in the 1st quarter. Blair William & Co. IL now owns 105,435 shares of the exchange traded fund’s stock worth $2,412,000 after purchasing an additional 7,980 shares in the last quarter. Baird Financial Group Inc. raised its position in iShares Silver Trust by 14.8% in the 1st quarter. Baird Financial Group Inc. now owns 1,095,156 shares of the exchange traded fund’s stock worth $25,057,000 after buying an additional 140,797 shares during the last quarter. Covestor Ltd purchased a new position in iShares Silver Trust in the 1st quarter worth about $28,000. Merit Financial Group LLC raised its position in iShares Silver Trust by 24.5% in the 1st quarter. Merit Financial Group LLC now owns 20,346 shares of the exchange traded fund’s stock worth $466,000 after buying an additional 4,000 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in iShares Silver Trust by 141.6% in the 1st quarter. NewEdge Advisors LLC now owns 312,345 shares of the exchange traded fund’s stock worth $7,147,000 after buying an additional 183,084 shares during the last quarter.
iShares Silver Trust Price Performance
Shares of NYSEARCA:SLV opened at $22.79 on Wednesday. iShares Silver Trust has a fifty-two week low of $18.97 and a fifty-two week high of $23.94. The business has a 50-day simple moving average of $21.20 and a two-hundred day simple moving average of $21.24.
iShares Silver Trust Company Profile
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.
See Also
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