8,009 Shares in iShares Silver Trust $SLV Purchased by BlackDiamond Wealth Management LLC

BlackDiamond Wealth Management LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,009 shares of the exchange traded fund’s stock, valued at approximately $516,000.

Other large investors have also made changes to their positions in the company. Rialto Wealth Management LLC acquired a new position in iShares Silver Trust in the 4th quarter valued at approximately $33,000. BOK Financial Private Wealth Inc. acquired a new position in iShares Silver Trust in the 4th quarter valued at approximately $34,000. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in iShares Silver Trust by 274.2% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 425 shares in the last quarter. Bangor Savings Bank acquired a new position in iShares Silver Trust in the 4th quarter valued at approximately $38,000. Finally, American National Bank & Trust raised its holdings in iShares Silver Trust by 96.7% in the 4th quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 290 shares in the last quarter.

iShares Silver Trust Stock Down 2.6%

iShares Silver Trust stock opened at $66.21 on Thursday. The business has a 50 day moving average price of $68.81 and a two-hundred day moving average price of $68.93. The stock has a market cap of $37.47 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 12 month low of $31.23 and a 12 month high of $109.83.

iShares Silver Trust 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. 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.