Bluedoor Private Wealth LLC Makes New Investment in abrdn Physical Silver Shares ETF $SIVR

Bluedoor Private Wealth LLC purchased a new position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,739 shares of the company’s stock, valued at approximately $1,200,000.

Several other hedge funds have also added to or reduced their stakes in SIVR. Royal Bank of Canada lifted its stake in abrdn Physical Silver Shares ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 180,144 shares of the company’s stock worth $5,857,000 after purchasing an additional 3,465 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in abrdn Physical Silver Shares ETF by 268.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,822 shares of the company’s stock worth $132,000 after purchasing an additional 2,786 shares during the last quarter. Baird Financial Group Inc. lifted its stake in abrdn Physical Silver Shares ETF by 2.2% in the second quarter. Baird Financial Group Inc. now owns 30,318 shares of the company’s stock worth $1,043,000 after purchasing an additional 660 shares during the last quarter. Cerity Partners LLC lifted its stake in abrdn Physical Silver Shares ETF by 7.9% in the second quarter. Cerity Partners LLC now owns 19,855 shares of the company’s stock worth $683,000 after purchasing an additional 1,462 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of abrdn Physical Silver Shares ETF by 9.0% in the second quarter. NewEdge Advisors LLC now owns 124,311 shares of the company’s stock valued at $4,278,000 after acquiring an additional 10,228 shares during the period.

abrdn Physical Silver Shares ETF Stock Performance

SIVR stock opened at $66.69 on Tuesday. The firm’s 50-day moving average price is $71.76 and its two-hundred day moving average price is $73.32. abrdn Physical Silver Shares ETF has a 12-month low of $33.63 and a 12-month high of $115.26.

abrdn Physical Silver Shares ETF Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.