12,524 Shares in iShares Silver Trust $SLV Acquired by Trust Co. of Vermont

Trust Co. of Vermont purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,524 shares of the exchange traded fund’s stock, valued at approximately $670,000.

A number of other institutional investors also recently made changes to their positions in SLV. Axiom Investment Management LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter worth about $26,000. West Branch Capital LLC purchased a new stake in shares of iShares Silver Trust in the second quarter valued at $27,000. Sarver Vrooman Wealth Advisors purchased a new stake in shares of iShares Silver Trust in the fourth quarter valued at $30,000. Intesa Sanpaolo Wealth Management acquired a new position in iShares Silver Trust in the fourth quarter valued at $32,000. Finally, Redwood Park Advisors LLC increased its stake in iShares Silver Trust by 106.4% in the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 266 shares during the last quarter.

iShares Silver Trust Trading Down 3.6%

NYSEARCA SLV opened at $57.44 on Wednesday. The business’s 50-day moving average price is $55.39 and its 200 day moving average price is $65.48. iShares Silver Trust has a twelve month low of $33.85 and a twelve month high of $109.83. The company has a market capitalization of $30.68 billion, a PE ratio of -8.51 and a beta of 0.50.

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.