Vanguard Capital Wealth Advisors Buys 26,887 Shares of iShares Silver Trust (NYSEARCA:SLV)

Vanguard Capital Wealth Advisors increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 76.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 62,137 shares of the exchange traded fund’s stock after buying an additional 26,887 shares during the quarter. iShares Silver Trust accounts for about 1.9% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 9th largest holding. Vanguard Capital Wealth Advisors’ holdings in iShares Silver Trust were worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Vontobel Holding Ltd. boosted its holdings in shares of iShares Silver Trust by 106.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after purchasing an additional 31,601 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares Silver Trust by 29.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,976 shares of the exchange traded fund’s stock valued at $318,000 after purchasing an additional 2,749 shares in the last quarter. Atomi Financial Group Inc. boosted its holdings in shares of iShares Silver Trust by 7.9% in the 1st quarter. Atomi Financial Group Inc. now owns 12,176 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 888 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of iShares Silver Trust by 7.6% in the 1st quarter. Daiwa Securities Group Inc. now owns 26,750 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Inspirion Wealth Advisors LLC acquired a new stake in shares of iShares Silver Trust in the 2nd quarter valued at $220,000.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $31.40 on Wednesday. The company has a market cap of $14.74 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The stock’s fifty day moving average price is $28.22 and its two-hundred day moving average price is $27.16.

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.