16,259 Shares in iShares Silver Trust $SLV Bought by CORDA Investment Management LLC.

CORDA Investment Management LLC. acquired a new position in iShares Silver Trust (NYSEARCA:SLV) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 16,259 shares of the exchange traded fund’s stock, valued at approximately $1,108,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at $30,000. Intesa Sanpaolo Wealth Management bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $32,000. Sfam LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $33,000. Rialto Wealth Management LLC purchased a new position in iShares Silver Trust during the 4th quarter valued at about $33,000. Finally, Redwood Park Advisors LLC lifted its position in iShares Silver Trust by 106.4% during the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 266 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $53.95 on Monday. The firm has a market capitalization of $28.81 billion, a P/E ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a one year low of $33.10 and a one year high of $109.83. The company’s 50-day simple moving average is $63.28 and its 200 day simple moving average is $69.87.

About iShares Silver Trust

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.