iShares Silver Trust $SLV Shares Bought by SageGuard Financial Group LLC

SageGuard Financial Group LLC grew its position in iShares Silver Trust (NYSEARCA:SLV) by 669.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,771 shares of the exchange traded fund’s stock after acquiring an additional 45,046 shares during the period. SageGuard Financial Group LLC’s holdings in iShares Silver Trust were worth $3,528,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Tableaux LLC acquired a new stake in iShares Silver Trust in the fourth quarter valued at about $133,233,000. Bank of Montreal Can raised its stake in shares of iShares Silver Trust by 505.8% during the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after buying an additional 1,852,688 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of iShares Silver Trust by 259.9% during the 4th quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares in the last quarter. Quadrature Capital Ltd raised its stake in shares of iShares Silver Trust by 1,691.5% during the 3rd quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after buying an additional 906,747 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV lifted its holdings in shares of iShares Silver Trust by 478.6% in the 3rd quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after buying an additional 827,089 shares during the period.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $53.28 on Monday. iShares Silver Trust has a 1-year low of $32.53 and a 1-year high of $109.83. The company has a market cap of $30.16 billion, a PE ratio of -8.51 and a beta of 0.45. The stock’s 50 day moving average price is $66.30 and its 200 day moving average price is $70.17.

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.