iShares Silver Trust $SLV Holdings Lessened by Barnes Dennig Private Wealth Management LLC

Barnes Dennig Private Wealth Management LLC lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 16.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 74,350 shares of the exchange traded fund’s stock after selling 14,359 shares during the period. iShares Silver Trust makes up approximately 3.4% of Barnes Dennig Private Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Barnes Dennig Private Wealth Management LLC’s holdings in iShares Silver Trust were worth $3,150,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Center for Financial Planning Inc. acquired a new position in iShares Silver Trust during the second quarter worth $25,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust in the second quarter valued at $26,000. Addison Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 2nd quarter valued at $31,000. Financial Management Professionals Inc. raised its holdings in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 302 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new position in iShares Silver Trust during the 2nd quarter worth about $38,000.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $70.96 on Thursday. The stock has a market capitalization of $41.37 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The business has a 50-day moving average of $54.40 and a 200 day moving average of $43.54. iShares Silver Trust has a 12 month low of $26.57 and a 12 month high of $73.84.

iShares Silver Trust Company Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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