iShares Silver Trust $SLV Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 36.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,655 shares of the exchange traded fund’s stock after selling 14,157 shares during the quarter. Glenmede Trust Co. NA’s holdings in iShares Silver Trust were worth $1,680,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Axiom Investment Management LLC acquired a new stake in iShares Silver Trust during the 1st quarter valued at approximately $26,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at approximately $30,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares Silver Trust during the 4th quarter valued at approximately $32,000. Redwood Park Advisors LLC boosted its stake in shares of iShares Silver Trust by 106.4% during the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 266 shares during the last quarter. Finally, Sfam LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth approximately $33,000.

iShares Silver Trust Trading Up 4.1%

Shares of NYSEARCA:SLV opened at $56.07 on Thursday. The company has a fifty day simple moving average of $56.66 and a 200 day simple moving average of $67.55. The firm has a market cap of $29.95 billion, a PE ratio of -8.51 and a beta of 0.50. iShares Silver Trust has a 12-month low of $33.85 and a 12-month high of $109.83.

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. 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.