iShares Silver Trust $SLV Shares Bought by Sunbelt Securities Inc.

Sunbelt Securities Inc. lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 51.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,563 shares of the exchange traded fund’s stock after buying an additional 13,703 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Silver Trust were worth $2,613,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. lifted its stake in shares of iShares Silver Trust by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after purchasing an additional 313,816 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Bank of Montreal Can grew its position in shares of iShares Silver Trust by 505.8% in the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the period. Tableaux LLC acquired a new position in iShares Silver Trust in the fourth quarter valued at $133,233,000. Finally, Mainstay Capital Management LLC ADV lifted its position in iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after buying an additional 824,589 shares during the period.

iShares Silver Trust Trading Down 1.8%

Shares of NYSEARCA:SLV opened at $59.51 on Friday. iShares Silver Trust has a 12-month low of $32.06 and a 12-month high of $109.83. The stock’s 50-day moving average price is $68.01 and its two-hundred day moving average price is $70.06. The firm has a market cap of $33.68 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.