AMG National Trust Bank Cuts Stake in abrdn Physical Silver Shares ETF $SIVR

AMG National Trust Bank lowered its stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 36.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 388,864 shares of the company’s stock after selling 224,749 shares during the period. AMG National Trust Bank’s holdings in abrdn Physical Silver Shares ETF were worth $27,847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB grew its stake in abrdn Physical Silver Shares ETF by 245.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 393 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in abrdn Physical Silver Shares ETF in the 1st quarter worth $27,000. Archer Investment Corp bought a new position in shares of abrdn Physical Silver Shares ETF during the 1st quarter valued at about $28,000. Sankala Group LLC bought a new position in shares of abrdn Physical Silver Shares ETF during the 4th quarter valued at about $34,000. Finally, FLP Wealth Management LLC increased its holdings in shares of abrdn Physical Silver Shares ETF by 48.2% in the first quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock worth $36,000 after purchasing an additional 163 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Down 3.3%

NYSEARCA:SIVR opened at $54.83 on Tuesday. abrdn Physical Silver Shares ETF has a 1 year low of $34.74 and a 1 year high of $115.26. The stock’s 50 day simple moving average is $66.19 and its two-hundred day simple moving average is $73.30.

abrdn Physical Silver Shares ETF Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.