Mount Yale Investment Advisors LLC Increases Holdings in iShares Silver Trust (NYSEARCA:SLV)

Mount Yale Investment Advisors LLC raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 116.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,216 shares of the exchange traded fund’s stock after buying an additional 12,490 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares Silver Trust were worth $527,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Geier Asset Management Inc. increased its holdings in shares of iShares Silver Trust by 75.9% in the 1st quarter. Geier Asset Management Inc. now owns 30,177 shares of the exchange traded fund’s stock worth $753,000 after purchasing an additional 13,025 shares in the last quarter. Kovack Advisors Inc. increased its holdings in shares of iShares Silver Trust by 9.9% in the 1st quarter. Kovack Advisors Inc. now owns 28,484 shares of the exchange traded fund’s stock worth $647,000 after purchasing an additional 2,564 shares in the last quarter. Howard Financial Services LTD. increased its holdings in shares of iShares Silver Trust by 3.2% in the 1st quarter. Howard Financial Services LTD. now owns 15,746 shares of the exchange traded fund’s stock worth $357,000 after purchasing an additional 495 shares in the last quarter. One One Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the 1st quarter worth $578,000. Finally, GFS Advisors LLC increased its holdings in shares of iShares Silver Trust by 5.7% in the 1st quarter. GFS Advisors LLC now owns 73,936 shares of the exchange traded fund’s stock worth $1,678,000 after purchasing an additional 4,009 shares in the last quarter.

iShares Silver Trust stock opened at $25.46 on Monday. iShares Silver Trust has a 12 month low of $15.24 and a 12 month high of $27.98. The stock has a fifty day simple moving average of $23.99 and a two-hundred day simple moving average of $23.77.

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.

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

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