AMG National Trust Bank Sells 4,517 Shares of iShares Silver Trust (NYSEARCA:SLV)

AMG National Trust Bank cut its stake in iShares Silver Trust (NYSEARCA:SLV) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 437,933 shares of the exchange traded fund’s stock after selling 4,517 shares during the period. AMG National Trust Bank’s holdings in iShares Silver Trust were worth $12,442,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SLV. Jacobi Capital Management LLC bought a new stake in iShares Silver Trust in the first quarter valued at approximately $575,000. Pitcairn Co. bought a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $278,000. Evermay Wealth Management LLC boosted its holdings in shares of iShares Silver Trust by 3,492.4% during the 1st quarter. Evermay Wealth Management LLC now owns 35,924 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 34,924 shares in the last quarter. Elgethun Capital Management bought a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $557,000. Finally, CreativeOne Wealth LLC boosted its holdings in shares of iShares Silver Trust by 76.4% during the 1st quarter. CreativeOne Wealth LLC now owns 20,722 shares of the exchange traded fund’s stock worth $471,000 after buying an additional 8,976 shares in the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $27.57 on Monday. The stock has a market capitalization of $12.94 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The stock’s 50 day moving average price is $28.82 and its two-hundred day moving average price is $27.49.

About iShares Silver Trust

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.