abrdn Physical Silver Shares ETF $SIVR Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 175.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 91,873 shares of the company’s stock after purchasing an additional 58,576 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.12% of abrdn Physical Silver Shares ETF worth $6,214,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB increased its holdings in abrdn Physical Silver Shares ETF by 245.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 393 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in abrdn Physical Silver Shares ETF by 110.0% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 882 shares of the company’s stock valued at $60,000 after purchasing an additional 462 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new position in abrdn Physical Silver Shares ETF in the 4th quarter valued at approximately $118,000. Allworth Financial LP boosted its position in abrdn Physical Silver Shares ETF by 104.1% in the 4th quarter. Allworth Financial LP now owns 1,778 shares of the company’s stock valued at $120,000 after buying an additional 907 shares during the period. Finally, Larson Financial Group LLC boosted its position in abrdn Physical Silver Shares ETF by 203.2% in the 4th quarter. Larson Financial Group LLC now owns 2,168 shares of the company’s stock valued at $147,000 after buying an additional 1,453 shares during the period.

abrdn Physical Silver Shares ETF Price Performance

Shares of SIVR stock opened at $71.44 on Wednesday. abrdn Physical Silver Shares ETF has a 52 week low of $32.57 and a 52 week high of $115.26. The firm has a 50 day moving average of $72.08 and a two-hundred day moving average of $72.11.

abrdn Physical Silver Shares ETF Company Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.