First Allied Advisory Services Inc. Has $388,000 Stake in iShares Silver Trust (SLV)

First Allied Advisory Services Inc. reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 6.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,251 shares of the exchange traded fund’s stock after selling 1,964 shares during the period. First Allied Advisory Services Inc.’s holdings in iShares Silver Trust were worth $388,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Money Design Co. Ltd. lifted its holdings in iShares Silver Trust by 3.0% in the 4th quarter. Money Design Co. Ltd. now owns 178,763 shares of the exchange traded fund’s stock worth $2,596,000 after purchasing an additional 5,183 shares in the last quarter. Trust Co. of Vermont lifted its holdings in iShares Silver Trust by 724.7% in the 4th quarter. Trust Co. of Vermont now owns 2,474 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 2,174 shares in the last quarter. Essex Savings Bank purchased a new position in iShares Silver Trust in the 4th quarter worth approximately $38,000. Renaissance Technologies LLC purchased a new position in iShares Silver Trust in the 3rd quarter worth approximately $1,503,000. Finally, V Wealth Advisors LLC lifted its holdings in iShares Silver Trust by 2.3% in the 4th quarter. V Wealth Advisors LLC now owns 48,363 shares of the exchange traded fund’s stock worth $707,000 after purchasing an additional 1,100 shares in the last quarter.

NYSEARCA SLV opened at $13.68 on Friday. iShares Silver Trust has a 12 month low of $13.11 and a 12 month high of $16.28.

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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.

See Also: Return On Assets

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

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