Richard C. Young & CO. LTD. Sells 10,871 Shares of iShares Silver Trust (NYSEARCA:SLV)

Richard C. Young & CO. LTD. cut its position in iShares Silver Trust (NYSEARCA:SLV) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 723,218 shares of the exchange traded fund’s stock after selling 10,871 shares during the quarter. iShares Silver Trust accounts for about 2.1% of Richard C. Young & CO. LTD.’s portfolio, making the stock its 15th largest holding. Richard C. Young & CO. LTD. owned about 0.15% of iShares Silver Trust worth $19,042,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust in the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC boosted its stake in iShares Silver Trust by 406.5% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 4,825 shares in the last quarter. Spartan Fund Management Inc. bought a new position in iShares Silver Trust in the third quarter valued at about $28,000. Jamison Private Wealth Management Inc. acquired a new position in iShares Silver Trust during the third quarter worth about $31,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Silver Trust during the fourth quarter worth about $35,000.

iShares Silver Trust Trading Down 1.2 %

SLV opened at $29.03 on Friday. The company’s 50 day moving average is $27.77 and its 200-day moving average is $27.74. The company has a market cap of $13.63 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $20.11 and a 1-year high of $31.80.

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.