Matrix Trust Co decreased its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 86.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,063 shares of the exchange traded fund’s stock after selling 13,328 shares during the quarter. Matrix Trust Co’s holdings in iShares Silver Trust were worth $133,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the stock. Quadrature Capital Ltd lifted its holdings in shares of iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after acquiring an additional 906,747 shares during the period. Guggenheim Capital LLC grew its holdings in shares of iShares Silver Trust by 1,557.6% in the 2nd quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after purchasing an additional 859,355 shares during the last quarter. Mainstay Capital Management LLC ADV grew 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 worth $42,365,000 after purchasing an additional 827,089 shares during the last quarter. 1832 Asset Management L.P. acquired a new stake in shares of iShares Silver Trust during the 2nd quarter worth about $26,643,000. Finally, Briaud Financial Planning Inc lifted its holdings in iShares Silver Trust by 5,493.2% during the 3rd quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after purchasing an additional 609,960 shares during the last quarter.
Key Stories Impacting iShares Silver Trust
Here are the key news stories impacting iShares Silver Trust this week:
- Neutral Sentiment: Metals had rallied on March 25 as short‑term hopes of a ceasefire lifted gold and silver — that context helps explain yesterday’s rebound before today’s reversal. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains 2% Despite Strong Dollar
- Negative Sentiment: Major market reports show silver fell sharply as oil and other markets rallied, with silver down more than 4% in the session — a direct headwind for SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Oil Markets Rally
- Negative Sentiment: Kitco and other commodity reporters attribute today’s losses to a stronger U.S. Dollar Index (USDX) and rising bond yields — both reduce demand for non‑yielding metals like silver. Solid losses for gold, silver on firmer USDX, rising bond yields
- Negative Sentiment: Barron’s notes fading hopes for an end to fighting in Iran reduced safe‑haven flows into gold and silver — less geopolitical risk support tends to pressure SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
- Negative Sentiment: Commentary highlights that Iran tensions are lifting the dollar and reviving concerns about Fed hikes, creating a double squeeze on silver (diminished safe‑haven demand + higher real rates). Gold (XAUUSD) & Silver Price Forecast: XAU Plummets $1,000 – Can Iran Tensions Spark a Rally?
- Negative Sentiment: Analysts point to structural selling from retail positioning and momentum unwind as an additional pressure factor — retail crowding can amplify moves lower in SLV. Precious metals price declines stem from retail pile-in, safe haven and debasement trades remain intact – Brookings’ Brooks
iShares Silver Trust Stock Down 6.8%
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.
Further Reading
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