Schnieders Capital Management LLC Acquires 1,300 Shares of iShares Silver Trust $SLV

Schnieders Capital Management LLC raised its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 15.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,975 shares of the exchange traded fund’s stock after acquiring an additional 1,300 shares during the quarter. Schnieders Capital Management LLC’s holdings in iShares Silver Trust were worth $327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of iShares Silver Trust by 9.2% in the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth $238,000. GAMMA Investing LLC bought a new position in shares of iShares Silver Trust in the first quarter worth $42,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares Silver Trust by 21.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 214,948 shares of the exchange traded fund’s stock worth $6,661,000 after purchasing an additional 37,464 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Silver Trust by 13.7% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 30,131 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 3,638 shares during the period.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $47.72 on Tuesday. The stock has a market cap of $26.59 billion, a P/E ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $49.25. The firm’s fifty day moving average price is $39.56 and its 200-day moving average price is $34.49.

iShares Silver Trust Profile

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.