Horst & Graben Wealth Management LLC Sells 17,783 Shares of abrdn Physical Silver Shares ETF $SIVR

Horst & Graben Wealth Management LLC lessened its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 83.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,580 shares of the company’s stock after selling 17,783 shares during the period. Horst & Graben Wealth Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $257,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SIVR. Miller Global Investments LLC acquired a new position in shares of abrdn Physical Silver Shares ETF in the fourth quarter valued at approximately $3,196,000. Assetmark Inc. boosted its stake in abrdn Physical Silver Shares ETF by 386.7% in the 4th quarter. Assetmark Inc. now owns 102,825 shares of the company’s stock worth $6,955,000 after purchasing an additional 81,696 shares during the period. Tradewinds Capital Management LLC increased its holdings in abrdn Physical Silver Shares ETF by 65,521.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 696,246 shares of the company’s stock worth $47,094,000 after purchasing an additional 695,185 shares in the last quarter. Ervin Investment Management LLC acquired a new stake in shares of abrdn Physical Silver Shares ETF in the 4th quarter valued at about $9,935,000. Finally, Seeds Investor LLC raised its stake in shares of abrdn Physical Silver Shares ETF by 17.4% in the 4th quarter. Seeds Investor LLC now owns 77,994 shares of the company’s stock valued at $5,276,000 after purchasing an additional 11,556 shares during the period.

abrdn Physical Silver Shares ETF Stock Performance

Shares of abrdn Physical Silver Shares ETF stock opened at $57.27 on Wednesday. The stock’s 50-day moving average is $67.30 and its 200-day moving average is $73.55. abrdn Physical Silver Shares ETF has a one year low of $34.58 and a one year high of $115.26.

About abrdn Physical Silver Shares ETF

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.