Vontobel Holding Ltd. Raises Position in iShares Silver Trust (NYSEARCA:SLV)

Vontobel Holding Ltd. lifted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 70.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 104,541 shares of the exchange traded fund’s stock after purchasing an additional 43,139 shares during the period. Vontobel Holding Ltd.’s holdings in iShares Silver Trust were worth $2,753,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SLV. Alpha Financial Partners LLC increased its holdings in iShares Silver Trust by 237.9% during the 3rd quarter. Alpha Financial Partners LLC now owns 33,184 shares of the exchange traded fund’s stock worth $943,000 after purchasing an additional 23,364 shares during the period. NBC Securities Inc. boosted its position in shares of iShares Silver Trust by 33.3% in the 3rd quarter. NBC Securities Inc. now owns 7,604 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 1,900 shares in the last quarter. Net Worth Advisory Group purchased a new position in iShares Silver Trust in the 3rd quarter worth $232,000. Blue Trust Inc. raised its stake in iShares Silver Trust by 3.7% in the 3rd quarter. Blue Trust Inc. now owns 54,125 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 1,941 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in iShares Silver Trust by 1.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after acquiring an additional 30,116 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $29.31 on Monday. The stock has a 50-day simple moving average of $27.86 and a two-hundred day simple moving average of $27.87. The firm has a market capitalization of $13.76 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $20.45 and a fifty-two week high of $31.80.

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.