AMG National Trust Bank Sells 15,029 Shares of iShares Silver Trust $SLV

AMG National Trust Bank decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 421,124 shares of the exchange traded fund’s stock after selling 15,029 shares during the quarter. AMG National Trust Bank owned about 0.08% of iShares Silver Trust worth $17,843,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Vantage Financial Partners LLC bought a new position in iShares Silver Trust during the 3rd quarter worth about $489,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Silver Trust by 14.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock worth $10,525,000 after purchasing an additional 30,915 shares in the last quarter. D.B. Root & Company LLC acquired a new position in iShares Silver Trust during the third quarter worth $370,000. Envestnet Asset Management Inc. grew its position in iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after purchasing an additional 273,913 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC bought a new position in iShares Silver Trust in the third quarter valued at $235,000.

iShares Silver Trust Trading Up 7.9%

Shares of SLV stock opened at $76.62 on Friday. The firm’s fifty day moving average price is $74.30 and its two-hundred day moving average price is $53.62. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The firm has a market capitalization of $42.18 billion, a P/E ratio of -8.51 and a beta of 0.38.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.