Biechele Royce Advisors Acquires 17,510 Shares of iShares Silver Trust (NYSEARCA:SLV)

Biechele Royce Advisors lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 390,009 shares of the exchange traded fund’s stock after acquiring an additional 17,510 shares during the period. iShares Silver Trust makes up 3.6% of Biechele Royce Advisors’ holdings, making the stock its 15th biggest holding. Biechele Royce Advisors owned 0.12% of iShares Silver Trust worth $5,530,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Clean Yield Group grew its position in iShares Silver Trust by 3.9% in the 4th quarter. Clean Yield Group now owns 26,480 shares of the exchange traded fund’s stock worth $384,000 after purchasing an additional 1,000 shares in the last quarter. First Command Bank boosted its stake in iShares Silver Trust by 3.6% in the first quarter. First Command Bank now owns 28,620 shares of the exchange traded fund’s stock valued at $406,000 after acquiring an additional 1,000 shares during the last quarter. V Wealth Advisors LLC boosted its stake in iShares Silver Trust by 2.3% in the fourth quarter. V Wealth Advisors LLC now owns 48,363 shares of the exchange traded fund’s stock valued at $707,000 after acquiring an additional 1,100 shares during the last quarter. First Allied Advisory Services Inc. boosted its stake in iShares Silver Trust by 4.2% in the fourth quarter. First Allied Advisory Services Inc. now owns 29,215 shares of the exchange traded fund’s stock valued at $423,000 after acquiring an additional 1,181 shares during the last quarter. Finally, NEXT Financial Group Inc boosted its stake in iShares Silver Trust by 18.7% in the fourth quarter. NEXT Financial Group Inc now owns 8,189 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 1,291 shares during the last quarter.

SLV opened at $13.83 on Friday. iShares Silver Trust has a twelve month low of $13.11 and a twelve month high of $16.28.

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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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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