21,526 Shares in iShares Silver Trust (NYSEARCA:SLV) Bought by National Wealth Management Group LLC

National Wealth Management Group LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 21,526 shares of the exchange traded fund’s stock, valued at approximately $612,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SLV. Lazard Asset Management LLC lifted its holdings in iShares Silver Trust by 9.1% during the first quarter. Lazard Asset Management LLC now owns 17,084 shares of the exchange traded fund’s stock valued at $388,000 after purchasing an additional 1,430 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in iShares Silver Trust by 4.5% during the first quarter. B. Riley Wealth Advisors Inc. now owns 106,184 shares of the exchange traded fund’s stock valued at $2,416,000 after purchasing an additional 4,524 shares in the last quarter. Tidal Investments LLC lifted its holdings in iShares Silver Trust by 7.0% during the first quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock valued at $381,000 after purchasing an additional 1,110 shares in the last quarter. Cetera Investment Advisers lifted its holdings in iShares Silver Trust by 842.7% during the first quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock valued at $18,581,000 after purchasing an additional 730,121 shares in the last quarter. Finally, Cetera Advisors LLC lifted its holdings in iShares Silver Trust by 12.9% during the first quarter. Cetera Advisors LLC now owns 103,554 shares of the exchange traded fund’s stock valued at $2,356,000 after purchasing an additional 11,852 shares in the last quarter.

iShares Silver Trust Stock Down 1.3 %

SLV opened at $27.45 on Thursday. The firm’s fifty day simple moving average is $28.97 and its two-hundred day simple moving average is $27.64. The company has a market cap of $12.88 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80.

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.