Beaumont Financial Advisors LLC Cuts Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Beaumont Financial Advisors LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.0% in the fourth quarter, Holdings Channel reports. The firm owned 48,397 shares of the exchange traded fund’s stock after selling 510 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares Silver Trust were worth $1,054,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. City State Bank increased its position in iShares Silver Trust by 9.7% in the fourth quarter. City State Bank now owns 5,680 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 500 shares during the last quarter. Grant GrossMendelsohn LLC lifted its holdings in iShares Silver Trust by 4.4% in the 4th quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 505 shares in the last quarter. Toroso Investments LLC raised its holdings in shares of iShares Silver Trust by 3.7% during the 3rd quarter. Toroso Investments LLC now owns 15,305 shares of the exchange traded fund’s stock worth $311,000 after acquiring an additional 546 shares during the period. Private Trust Co. NA grew its position in iShares Silver Trust by 17.9% in the 4th quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 591 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of iShares Silver Trust by 5.8% during the fourth quarter. International Assets Investment Management LLC now owns 10,869 shares of the exchange traded fund’s stock worth $237,000 after buying an additional 591 shares in the last quarter.

iShares Silver Trust Trading Up 1.4 %

Shares of NYSEARCA SLV opened at $26.21 on Friday. The stock has a market cap of $12.44 billion, a P/E ratio of -7.62 and a beta of 0.46. The stock has a 50 day moving average of $22.84 and a two-hundred day moving average of $21.77. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $27.24.

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.