Bfsg LLC Sells 1,066 Shares of iShares Silver Trust (NYSEARCA:SLV)

Bfsg LLC cut its stake in iShares Silver Trust (NYSEARCA:SLV) by 1.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,178 shares of the exchange traded fund’s stock after selling 1,066 shares during the quarter. Bfsg LLC’s holdings in iShares Silver Trust were worth $2,702,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank lifted its stake in 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 last quarter. Raymond James Financial Inc. bought a new stake in iShares Silver Trust in the fourth quarter worth about $57,303,000. Proficio Capital Partners LLC lifted its stake 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 worth $55,781,000 after purchasing an additional 1,858,658 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake 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 worth $51,072,000 after purchasing an additional 63,810 shares during the last quarter. Finally, Bank of Nova Scotia lifted its stake 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 worth $31,090,000 after purchasing an additional 1,002,050 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $33.03 on Tuesday. iShares Silver Trust has a 1 year low of $24.25 and a 1 year high of $33.74. The company has a market cap of $16.70 billion, a P/E ratio of -8.51 and a beta of 0.56. The firm has a 50-day simple moving average of $30.31 and a two-hundred day simple moving average of $29.21.

iShares Silver Trust Company 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.