Money Design Co. Ltd. Invests $1.03 Million in iShares Silver Trust (NYSEARCA:SLV) Stock

Money Design Co. Ltd. bought a new position in shares of iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 65,396 shares of the exchange traded fund’s stock, valued at approximately $1,029,000. iShares Silver Trust accounts for approximately 0.9% of Money Design Co. Ltd.’s investment portfolio, making the stock its 23rd biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in SLV. Lenox Wealth Management Inc. raised its position in iShares Silver Trust by 286.4% during the second quarter. Lenox Wealth Management Inc. now owns 6,746 shares of the exchange traded fund’s stock valued at $106,000 after acquiring an additional 5,000 shares in the last quarter. Smithfield Trust Co. raised its position in iShares Silver Trust by 26.7% during the second quarter. Smithfield Trust Co. now owns 6,843 shares of the exchange traded fund’s stock valued at $108,000 after acquiring an additional 1,443 shares in the last quarter. Sei Investments Co. raised its position in iShares Silver Trust by 16.2% during the second quarter. Sei Investments Co. now owns 9,753 shares of the exchange traded fund’s stock valued at $154,000 after acquiring an additional 1,362 shares in the last quarter. Tower Research Capital LLC TRC raised its position in iShares Silver Trust by 143.4% during the second quarter. Tower Research Capital LLC TRC now owns 10,000 shares of the exchange traded fund’s stock valued at $157,000 after acquiring an additional 5,892 shares in the last quarter. Finally, Bank of the Ozarks purchased a new position in iShares Silver Trust during the third quarter valued at approximately $157,000.

iShares Silver Trust (NYSEARCA:SLV) opened at $15.15 on Thursday. iShares Silver Trust has a 12-month low of $14.44 and a 12-month high of $17.59.

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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.

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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