Briaud Financial Planning Inc lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 5,493.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 621,064 shares of the exchange traded fund’s stock after buying an additional 609,960 shares during the period. iShares Silver Trust makes up about 8.6% of Briaud Financial Planning Inc’s investment portfolio, making the stock its 5th largest holding. Briaud Financial Planning Inc’s holdings in iShares Silver Trust were worth $26,314,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Nexus Investment Management ULC raised its stake in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 250 shares in the last quarter. Raleigh Capital Management Inc. acquired a new position in iShares Silver Trust during the 3rd quarter worth $32,000. Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth $38,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the second quarter valued at $39,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the second quarter valued at $47,000.
More iShares Silver Trust News
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: Geopolitical tensions are boosting safe-haven demand, helping underpin precious metals prices, which can support SLV if tensions escalate. Gold (XAUUSD) & Silver Price Forecast: War Risks vs. High Rates
- Positive Sentiment: Analysts note silver is consolidating around key support levels rather than breaking lower, which reduces near-term downside risk for SLV. Gold and silver getting comfortable around key support levels
- Neutral Sentiment: Broad market ETFs and futures are mixed ahead of the U.S. Federal Reserve meeting; Fed rate guidance could materially move real yields and affect silver, but immediate impact is uncertain. Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Tuesday Ahead of US Federal Reserve Meeting
- Neutral Sentiment: Gold remains stuck near psychological levels and a U.S. dollar pullback hasn’t meaningfully boosted metals — a sign that macro crosscurrents could keep SLV range-bound. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Remains Stuck Near $5000
- Neutral Sentiment: Company-level exploration news from junior silver miners (drilling programs and new discoveries) may boost sector interest over time but have limited direct impact on SLV’s price today. Silver Dollar Hires Versa for Diamond Drilling at Its La Joya Silver (Cu-Au) Project
- Neutral Sentiment: New polymetallic findings at a junior explorer are positive for long-term silver supply narratives but unlikely to move SLV in the near term. Pinnacle Silver and Gold discovers new polymetallic mineralization at El Potrero
- Negative Sentiment: Improved risk appetite and declining oil pushed gold and silver lower in recent sessions; equity strength often drains safe-haven flows and pressures SLV. Gold, silver down as risk appetite improves, crude sinks
- Negative Sentiment: Price pressure from lower oil and firmer stocks has weighed on precious metals, reinforcing short-term bearish momentum for silver prices. Price pressure on gold, silver as oil down, stocks up
- Negative Sentiment: Research warns a recession would hit silver harder than gold (industrial demand exposure), posing downside risk to SLV if growth slows. Iran war won’t change precious metals’ trajectory – but a recession would – with silver and PGMs set to suffer the worst – Heraeus
iShares Silver Trust Stock Down 2.1%
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.
Further Reading
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