Caliber Wealth Management LLC KS Has $15.41 Million Position in iShares Silver Trust $SLV

Caliber Wealth Management LLC KS cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 30.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 226,212 shares of the exchange traded fund’s stock after selling 99,505 shares during the period. iShares Silver Trust comprises approximately 1.7% of Caliber Wealth Management LLC KS’s portfolio, making the stock its 12th largest position. Caliber Wealth Management LLC KS’s holdings in iShares Silver Trust were worth $15,414,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter worth $238,000. Capstone Wealth Management Group LLC bought a new stake in shares of iShares Silver Trust in the first quarter worth $443,000. Schnieders Capital Management LLC. increased its holdings in iShares Silver Trust by 15.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 1,300 shares during the period. Finally, First Trust Advisors LP acquired a new stake in iShares Silver Trust in the second quarter valued at $886,000.

iShares Silver Trust Stock Down 1.1%

Shares of NYSEARCA:SLV opened at $52.68 on Tuesday. The firm has a market cap of $29.82 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 12-month low of $32.62 and a 12-month high of $109.83. The business has a fifty day simple moving average of $65.93 and a 200 day simple moving average of $70.15.

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. 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.