iShares Silver Trust $SLV Shares Bought by Good Steward Wealth Advisors LLC

Good Steward Wealth Advisors LLC boosted its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 86.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,371 shares of the exchange traded fund’s stock after buying an additional 21,085 shares during the period. iShares Silver Trust accounts for about 1.3% of Good Steward Wealth Advisors LLC’s portfolio, making the stock its 24th largest holding. Good Steward Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $1,922,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SLV. Assetmark Inc. increased its position in shares of iShares Silver Trust by 4.0% during the third quarter. Assetmark Inc. now owns 86,597 shares of the exchange traded fund’s stock worth $3,669,000 after purchasing an additional 3,365 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of iShares Silver Trust by 4.6% during the third quarter. Wedbush Securities Inc. now owns 44,694 shares of the exchange traded fund’s stock worth $1,894,000 after buying an additional 1,976 shares in the last quarter. PFG Private Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the third quarter valued at about $204,000. Savvy Advisors Inc. lifted its stake in shares of iShares Silver Trust by 206.7% in the third quarter. Savvy Advisors Inc. now owns 57,881 shares of the exchange traded fund’s stock worth $2,452,000 after buying an additional 39,007 shares in the last quarter. Finally, GK Wealth Management LLC lifted its stake in shares of iShares Silver Trust by 9.2% in the third quarter. GK Wealth Management LLC now owns 70,919 shares of the exchange traded fund’s stock worth $3,005,000 after buying an additional 5,988 shares in the last quarter.

Key Stories Impacting iShares Silver Trust

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iShares Silver Trust Trading Down 11.5%

Shares of NYSEARCA SLV opened at $67.73 on Friday. The stock has a market cap of $37.29 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The company has a 50-day moving average of $72.44 and a 200 day moving average of $52.09.

iShares Silver Trust 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.

See Also

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

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