B&D White Capital Company LLC Invests $5.27 Million in iShares Silver Trust (NYSEARCA:SLV)

B&D White Capital Company LLC purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 200,161 shares of the exchange traded fund’s stock, valued at approximately $5,270,000. iShares Silver Trust accounts for about 0.9% of B&D White Capital Company LLC’s portfolio, making the stock its 15th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the company. Alpha Financial Partners LLC boosted its stake in shares of iShares Silver Trust by 237.9% in the 3rd quarter. Alpha Financial Partners LLC now owns 33,184 shares of the exchange traded fund’s stock valued at $943,000 after purchasing an additional 23,364 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of iShares Silver Trust by 54.8% during the third quarter. Sequoia Financial Advisors LLC now owns 18,540 shares of the exchange traded fund’s stock worth $527,000 after buying an additional 6,564 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in iShares Silver Trust by 3,449.3% in the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after buying an additional 524,609 shares during the period. Pettinga Financial Advisors LLC boosted its stake in iShares Silver Trust by 0.6% in the third quarter. Pettinga Financial Advisors LLC now owns 108,860 shares of the exchange traded fund’s stock valued at $3,093,000 after acquiring an additional 658 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in iShares Silver Trust by 9.0% during the 3rd quarter. Allworth Financial LP now owns 44,079 shares of the exchange traded fund’s stock worth $1,252,000 after acquiring an additional 3,645 shares during the period.

iShares Silver Trust Stock Down 1.2 %

SLV stock opened at $29.59 on Monday. iShares Silver Trust has a twelve month low of $20.45 and a twelve month high of $31.80. The company has a market cap of $13.89 billion, a P/E ratio of -7.01 and a beta of 0.43. The business’s fifty day moving average is $27.98 and its 200-day moving average is $28.03.

iShares Silver Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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