AMG National Trust Bank Reduces Holdings in abrdn Physical Silver Shares ETF $SIVR

AMG National Trust Bank reduced its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 613,613 shares of the company’s stock after selling 13,724 shares during the period. abrdn Physical Silver Shares ETF comprises 1.0% of AMG National Trust Bank’s portfolio, making the stock its 26th largest holding. AMG National Trust Bank owned 0.78% of abrdn Physical Silver Shares ETF worth $41,505,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SIVR. Jones Financial Companies Lllp increased its position in abrdn Physical Silver Shares ETF by 9.6% in the third quarter. Jones Financial Companies Lllp now owns 88,617 shares of the company’s stock worth $3,894,000 after buying an additional 7,733 shares in the last quarter. Braun Bostich & Associates Inc. purchased a new position in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at about $891,000. Brookstone Capital Management purchased a new position in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at about $402,000. Eagle Strategies LLC bought a new position in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at approximately $394,000. Finally, Global View Capital Management LLC grew its stake in shares of abrdn Physical Silver Shares ETF by 71.2% during the 3rd quarter. Global View Capital Management LLC now owns 23,298 shares of the company’s stock valued at $1,036,000 after acquiring an additional 9,688 shares during the period.

abrdn Physical Silver Shares ETF Price Performance

abrdn Physical Silver Shares ETF stock opened at $71.82 on Tuesday. abrdn Physical Silver Shares ETF has a 12-month low of $30.34 and a 12-month high of $115.26. The firm has a 50 day moving average of $74.66 and a 200 day moving average of $67.82.

About abrdn Physical Silver Shares ETF

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.