8,254 Shares in iShares Silver Trust (NYSEARCA:SLV) Bought by Lakeridge Wealth Management LLC

Lakeridge Wealth Management LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLV) during the first quarter, Holdings Channel reports. The firm purchased 8,254 shares of the exchange traded fund’s stock, valued at approximately $256,000.

A number of other hedge funds also recently modified their holdings of the stock. Toronto Dominion Bank increased its position in shares of iShares Silver Trust by 89.2% in the fourth quarter. Toronto Dominion Bank now owns 4,321,293 shares of the exchange traded fund’s stock worth $122,646,000 after purchasing an additional 2,037,487 shares during the period. Raymond James Financial Inc. bought a new position in iShares Silver Trust in the fourth quarter valued at about $57,303,000. Proficio Capital Partners LLC grew its position in iShares Silver Trust by 715.2% in the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after acquiring an additional 1,858,658 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares Silver Trust by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,939,706 shares of the exchange traded fund’s stock valued at $51,072,000 after acquiring an additional 63,810 shares during the last quarter. Finally, Bank of Nova Scotia grew its position in iShares Silver Trust by 560.6% in the fourth quarter. Bank of Nova Scotia now owns 1,180,797 shares of the exchange traded fund’s stock valued at $31,090,000 after acquiring an additional 1,002,050 shares during the last quarter.

iShares Silver Trust Stock Down 0.3%

iShares Silver Trust stock opened at $32.97 on Friday. iShares Silver Trust has a 12-month low of $24.25 and a 12-month high of $33.54. The business’s 50-day moving average price is $30.19 and its two-hundred day moving average price is $29.15. The stock has a market cap of $16.67 billion, a PE ratio of -8.51 and a beta of 0.56.

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.