D.A. Davidson & CO. Boosts Holdings in iShares Silver Trust (NYSEARCA:SLV)

D.A. Davidson & CO. grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 91,517 shares of the exchange traded fund’s stock after acquiring an additional 788 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Silver Trust were worth $1,993,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. VisionPoint Advisory Group LLC purchased a new position in shares of iShares Silver Trust during the third quarter worth approximately $25,000. Asset Dedication LLC increased its stake in shares of iShares Silver Trust by 180.5% in the third quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 928 shares during the period. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the fourth quarter worth $34,000. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares Silver Trust in the fourth quarter worth $34,000. Finally, BKM Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the fourth quarter worth $38,000.

iShares Silver Trust Stock Up 0.7 %

Shares of NYSEARCA SLV opened at $27.74 on Friday. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The firm’s fifty day moving average is $25.12 and its 200 day moving average is $22.72. The company has a market cap of $13.02 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.