Osaic Holdings Inc. Trims Stake in abrdn Physical Silver Shares ETF $SIVR

Osaic Holdings Inc. cut its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 10.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 192,892 shares of the company’s stock after selling 23,286 shares during the period. Osaic Holdings Inc. owned about 0.32% of abrdn Physical Silver Shares ETF worth $6,637,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Freedom Investment Management Inc. bought a new stake in shares of abrdn Physical Silver Shares ETF in the first quarter valued at about $306,000. WCG Wealth Advisors LLC increased its position in abrdn Physical Silver Shares ETF by 6.9% during the 1st quarter. WCG Wealth Advisors LLC now owns 16,106 shares of the company’s stock valued at $524,000 after purchasing an additional 1,040 shares during the period. CreativeOne Wealth LLC raised its holdings in shares of abrdn Physical Silver Shares ETF by 23.5% in the 1st quarter. CreativeOne Wealth LLC now owns 12,764 shares of the company’s stock valued at $415,000 after purchasing an additional 2,426 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of abrdn Physical Silver Shares ETF by 15.1% in the 1st quarter. Transamerica Financial Advisors LLC now owns 23,139 shares of the company’s stock valued at $753,000 after purchasing an additional 3,036 shares in the last quarter. Finally, Mission Creek Capital Partners Inc. lifted its position in shares of abrdn Physical Silver Shares ETF by 444.4% in the 1st quarter. Mission Creek Capital Partners Inc. now owns 223,986 shares of the company’s stock worth $7,282,000 after purchasing an additional 182,840 shares during the period.

abrdn Physical Silver Shares ETF Trading Up 2.8%

NYSEARCA SIVR opened at $63.98 on Monday. The firm’s 50 day moving average price is $51.19 and its 200-day moving average price is $42.50. abrdn Physical Silver Shares ETF has a 52-week low of $27.47 and a 52-week high of $64.20.

abrdn Physical Silver Shares ETF Company Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.