MGB Wealth Management LLC Has $737,000 Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

MGB Wealth Management LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 28.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,948 shares of the exchange traded fund’s stock after selling 11,002 shares during the period. MGB Wealth Management LLC’s holdings in iShares Silver Trust were worth $737,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. McClarren Financial Advisors Inc. grew its holdings in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 972 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in shares of iShares Silver Trust by 430.5% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 43,292 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 35,132 shares during the period. Avion Wealth grew its stake in shares of iShares Silver Trust by 281.1% in the fourth quarter. Avion Wealth now owns 5,336 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 3,936 shares during the last quarter. Alaska Permanent Capital Management increased its holdings in iShares Silver Trust by 65.4% in the fourth quarter. Alaska Permanent Capital Management now owns 44,000 shares of the exchange traded fund’s stock valued at $1,159,000 after purchasing an additional 17,400 shares during the period. Finally, Indiana Trust & Investment Management Co raised its position in iShares Silver Trust by 1,940.3% during the 4th quarter. Indiana Trust & Investment Management Co now owns 13,670 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 13,000 shares during the last quarter.

iShares Silver Trust Trading Up 1.2 %

Shares of SLV opened at $29.34 on Thursday. The stock’s 50-day moving average price is $27.82 and its two-hundred day moving average price is $27.81. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80. The company has a market capitalization of $13.77 billion, a PE ratio of -7.01 and a beta of 0.43.

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.