iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Schnieders Capital Management LLC

Schnieders Capital Management LLC trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.4% during the fourth quarter, Holdings Channel reports. The firm owned 8,575 shares of the exchange traded fund’s stock after selling 488 shares during the quarter. Schnieders Capital Management LLC’s holdings in iShares Silver Trust were worth $226,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of SLV. Quadrature Capital Ltd acquired a new stake in shares of iShares Silver Trust in the 3rd quarter worth about $91,122,000. Bank of Montreal Can increased its holdings in shares of iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after acquiring an additional 1,370,298 shares during the period. DRW Securities LLC increased its holdings in shares of iShares Silver Trust by 1,019.8% in the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after acquiring an additional 764,813 shares during the period. RIA Advisory Group LLC acquired a new stake in shares of iShares Silver Trust in the 3rd quarter worth about $20,773,000. Finally, International Assets Investment Management LLC increased its holdings in shares of iShares Silver Trust by 3,449.3% in the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after acquiring an additional 524,609 shares during the period.

iShares Silver Trust Stock Up 0.4 %

SLV stock opened at $28.94 on Thursday. The stock has a market cap of $13.82 billion, a PE ratio of -8.33 and a beta of 0.74. The firm’s 50-day simple moving average is $28.07 and its 200 day simple moving average is $28.09. iShares Silver Trust has a fifty-two week low of $20.45 and a fifty-two week high of $31.80.

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.