Coastal Bridge Advisors LLC Acquires 21,502 Shares of iShares Silver Trust $SLV

Coastal Bridge Advisors LLC increased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 149.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,863 shares of the exchange traded fund’s stock after purchasing an additional 21,502 shares during the period. Coastal Bridge Advisors LLC’s holdings in iShares Silver Trust were worth $1,520,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares Silver Trust by 81.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 199,800 shares of the exchange traded fund’s stock worth $8,466,000 after buying an additional 89,500 shares in the last quarter. Truist Financial Corp increased its holdings in iShares Silver Trust by 60.3% in the 3rd quarter. Truist Financial Corp now owns 677,137 shares of the exchange traded fund’s stock valued at $28,690,000 after acquiring an additional 254,830 shares during the last quarter. Adamsbrown Wealth Consultants LLC purchased a new stake in iShares Silver Trust in the 3rd quarter worth $235,000. Bluesphere Advisors LLC lifted its stake in iShares Silver Trust by 13.0% in the 3rd quarter. Bluesphere Advisors LLC now owns 9,106 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 1,050 shares in the last quarter. Finally, Pines Wealth Management LLC bought a new position in shares of iShares Silver Trust during the 3rd quarter valued at about $244,000.

iShares Silver Trust Stock Down 0.0%

Shares of iShares Silver Trust stock opened at $105.57 on Friday. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The business has a 50-day moving average price of $67.69 and a 200-day moving average price of $49.42. The firm has a market cap of $59.81 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

iShares Silver Trust 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.