Bank of America Corp DE Raises Position in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Bank of America Corp DE increased its stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 57.9% during the fourth quarter, HoldingsChannel reports. The firm owned 858,806 shares of the company’s stock after acquiring an additional 314,793 shares during the period. Bank of America Corp DE’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $23,677,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of SIVR. Merit Financial Group LLC raised its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 13.1% in the fourth quarter. Merit Financial Group LLC now owns 113,534 shares of the company’s stock valued at $3,130,000 after buying an additional 13,129 shares during the period. Global Wealth Management LLC bought a new stake in Aberdeen Standard Physical Silver Shares ETF in the 4th quarter valued at about $718,000. Transform Wealth LLC purchased a new stake in Aberdeen Standard Physical Silver Shares ETF during the fourth quarter valued at about $821,000. Avior Wealth Management LLC lifted its holdings in Aberdeen Standard Physical Silver Shares ETF by 5.4% during the fourth quarter. Avior Wealth Management LLC now owns 132,694 shares of the company’s stock valued at $3,658,000 after purchasing an additional 6,840 shares during the last quarter. Finally, Apeiron RIA LLC boosted its position in Aberdeen Standard Physical Silver Shares ETF by 4.4% during the fourth quarter. Apeiron RIA LLC now owns 62,979 shares of the company’s stock worth $1,736,000 after purchasing an additional 2,656 shares during the period.

Aberdeen Standard Physical Silver Shares ETF Trading Down 1.0%

SIVR opened at $30.74 on Monday. The firm has a 50-day moving average price of $31.11 and a 200-day moving average price of $30.13. Aberdeen Standard Physical Silver Shares ETF has a twelve month low of $25.41 and a twelve month high of $33.31.

Aberdeen Standard 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.