Vanguard Capital Wealth Advisors Has $1.92 Million Position in iShares Silver Trust (NYSEARCA:SLV)

Vanguard Capital Wealth Advisors lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 652.2% during the 1st quarter, Holdings Channel reports. The firm owned 84,250 shares of the exchange traded fund’s stock after purchasing an additional 73,050 shares during the quarter. iShares Silver Trust comprises 1.3% of Vanguard Capital Wealth Advisors’ portfolio, making the stock its 17th biggest holding. Vanguard Capital Wealth Advisors’ holdings in iShares Silver Trust were worth $1,917,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SLV. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares Silver Trust in the third quarter valued at $377,000. Cary Street Partners Investment Advisory LLC lifted its position in iShares Silver Trust by 12.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 15,640 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 1,773 shares during the last quarter. Bank of Nova Scotia bought a new stake in shares of iShares Silver Trust during the third quarter worth approximately $401,000. Lazard Asset Management LLC grew its position in shares of iShares Silver Trust by 16.3% in the third quarter. Lazard Asset Management LLC now owns 21,854 shares of the exchange traded fund’s stock valued at $444,000 after purchasing an additional 3,065 shares during the last quarter. Finally, RiverGlades Family Offices LLC increased its stake in shares of iShares Silver Trust by 5.1% during the third quarter. RiverGlades Family Offices LLC now owns 18,520 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 900 shares during the period.

iShares Silver Trust Stock Up 1.4 %

Shares of SLV traded up $0.36 during midday trading on Friday, reaching $26.81. 2,821,792 shares of the stock were exchanged, compared to its average volume of 24,454,201. The stock’s 50 day simple moving average is $26.64 and its 200 day simple moving average is $23.64. The company has a market cap of $12.58 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56.

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.