iShares Silver Trust $SLV Shares Sold by AMG National Trust Bank

AMG National Trust Bank cut its position in iShares Silver Trust (NYSEARCA:SLV) by 11.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 352,283 shares of the exchange traded fund’s stock after selling 45,322 shares during the quarter. AMG National Trust Bank’s holdings in iShares Silver Trust were worth $24,005,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors purchased a new stake in shares of iShares Silver Trust during the fourth quarter worth about $30,000. Intesa Sanpaolo Wealth Management purchased a new position in iShares Silver Trust in the fourth quarter valued at about $32,000. Rialto Wealth Management LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at about $33,000. Redwood Park Advisors LLC grew its stake 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 purchasing an additional 266 shares in the last quarter. Finally, Sfam LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at approximately $33,000.

iShares Silver Trust Stock Down 3.3%

Shares of SLV opened at $52.16 on Tuesday. The firm has a market cap of $27.86 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. The business’s 50 day moving average is $62.99 and its two-hundred day moving average is $69.78. iShares Silver Trust has a 52-week low of $33.10 and a 52-week high of $109.83.

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.