Transamerica Financial Advisors Inc. raised its holdings in iShares Silver Trust (NYSEARCA:SLV) by 10.3% during the 4th quarter, Holdings Channel reports. The firm owned 14,927 shares of the exchange traded fund’s stock after acquiring an additional 1,394 shares during the period. Transamerica Financial Advisors Inc.’s holdings in iShares Silver Trust were worth $217,000 as of its most recent filing with the SEC.
A number of other large investors have also bought and sold shares of SLV. Trust Co. of Vermont raised its position in shares of iShares Silver Trust by 724.7% during the 4th quarter. Trust Co. of Vermont now owns 2,474 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 2,174 shares during the last quarter. Essex Savings Bank purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $38,000. IndexIQ Advisors LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $45,000. Vigilant Capital Management LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $56,000. Finally, Csenge Advisory Group purchased a new position in shares of iShares Silver Trust during the 3rd quarter worth approximately $59,000.
SLV stock traded down $0.01 during midday trading on Tuesday, hitting $14.72. The company’s stock had a trading volume of 209,528 shares, compared to its average volume of 8,279,326. iShares Silver Trust has a 52-week low of $13.11 and a 52-week high of $16.35.
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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.
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