Bedell Frazier Investment Counselling LLC raised its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 4.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 193,155 shares of the exchange traded fund’s stock after acquiring an additional 7,405 shares during the period. iShares Silver Trust makes up 1.3% of Bedell Frazier Investment Counselling LLC’s investment portfolio, making the stock its 28th largest holding. Bedell Frazier Investment Counselling LLC’s holdings in iShares Silver Trust were worth $5,488,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in SLV. Independent Advisor Alliance lifted its stake in shares of iShares Silver Trust by 88.6% in the third quarter. Independent Advisor Alliance now owns 110,056 shares of the exchange traded fund’s stock valued at $3,127,000 after purchasing an additional 51,713 shares during the period. Pekin Hardy Strauss Inc. lifted its stake in shares of iShares Silver Trust by 6.4% in the third quarter. Pekin Hardy Strauss Inc. now owns 49,665 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 3,000 shares during the period. Centaurus Financial Inc. lifted its stake in shares of iShares Silver Trust by 45.4% in the third quarter. Centaurus Financial Inc. now owns 40,814 shares of the exchange traded fund’s stock valued at $1,160,000 after purchasing an additional 12,744 shares during the period. MGB Wealth Management LLC increased its holdings in iShares Silver Trust by 8.0% during the 3rd quarter. MGB Wealth Management LLC now owns 38,950 shares of the exchange traded fund’s stock valued at $1,111,000 after acquiring an additional 2,892 shares in the last quarter. Finally, StoneX Group Inc. increased its holdings in iShares Silver Trust by 40.7% during the 3rd quarter. StoneX Group Inc. now owns 25,494 shares of the exchange traded fund’s stock valued at $724,000 after acquiring an additional 7,380 shares in the last quarter.
iShares Silver Trust Trading Up 1.5 %
NYSEARCA:SLV opened at $28.47 on Monday. The firm has a 50-day moving average price of $28.99 and a two-hundred day moving average price of $27.62. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80. The company has a market capitalization of $13.36 billion, a P/E 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.
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