Sunbelt Securities Inc. Buys 11,541 Shares of iShares Silver Trust (NYSEARCA:SLV)

Sunbelt Securities Inc. increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 77.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,436 shares of the exchange traded fund’s stock after acquiring an additional 11,541 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Silver Trust were worth $702,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SLV. Corient Private Wealth LLC raised its holdings in iShares Silver Trust by 5.9% during the fourth quarter. Corient Private Wealth LLC now owns 52,038 shares of the exchange traded fund’s stock worth $1,133,000 after buying an additional 2,894 shares during the last quarter. Bank of Nova Scotia raised its holdings in iShares Silver Trust by 474.0% during the fourth quarter. Bank of Nova Scotia now owns 113,140 shares of the exchange traded fund’s stock worth $2,473,000 after buying an additional 93,430 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in iShares Silver Trust by 38.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 69,019 shares of the exchange traded fund’s stock worth $1,503,000 after buying an additional 19,255 shares during the last quarter. ROI Financial Advisors LLC acquired a new position in iShares Silver Trust during the fourth quarter worth $338,000. Finally, Oppenheimer & Co. Inc. raised its holdings in iShares Silver Trust by 11.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 147,247 shares of the exchange traded fund’s stock worth $3,207,000 after buying an additional 15,442 shares during the last quarter.

iShares Silver Trust Trading Down 1.6 %

SLV opened at $28.41 on Tuesday. The company’s fifty day moving average price is $26.60 and its two-hundred day moving average price is $26.31. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The company has a market cap of $13.33 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.