Global Wealth Management LLC Purchases 988 Shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR)

Global Wealth Management LLC grew its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 3.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,041 shares of the company’s stock after buying an additional 988 shares during the period. abrdn Physical Silver Shares ETF makes up 0.5% of Global Wealth Management LLC’s holdings, making the stock its 17th biggest position. Global Wealth Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $879,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SIVR. CBIZ Investment Advisory Services LLC bought a new position in shares of abrdn Physical Silver Shares ETF in the fourth quarter worth $27,000. Steward Partners Investment Advisory LLC increased its position in shares of abrdn Physical Silver Shares ETF by 138.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,006 shares of the company’s stock worth $28,000 after purchasing an additional 584 shares during the period. Sunbelt Securities Inc. acquired a new stake in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $37,000. CoreFirst Bank & Trust acquired a new stake in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $39,000. Finally, BNP Paribas Financial Markets acquired a new stake in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $73,000.

abrdn Physical Silver Shares ETF Stock Up 0.8%

NYSEARCA:SIVR opened at $34.29 on Friday. The stock’s 50-day simple moving average is $31.15 and its 200 day simple moving average is $30.37. abrdn Physical Silver Shares ETF has a twelve month low of $25.41 and a twelve month high of $34.58.

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.