SageGuard Financial Group LLC Boosts Holdings in iShares Silver Trust $SLV

SageGuard Financial Group LLC increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 669.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,771 shares of the exchange traded fund’s stock after acquiring an additional 45,046 shares during the quarter. SageGuard Financial Group LLC’s holdings in iShares Silver Trust were worth $3,528,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SLV. North Star Investment Management Corp. grew its holdings in shares of iShares Silver Trust by 8.5% during the first quarter. North Star Investment Management Corp. now owns 2,540 shares of the exchange traded fund’s stock worth $173,000 after purchasing an additional 200 shares during the last quarter. Apollon Financial LLC lifted its holdings in shares of iShares Silver Trust by 11.6% in the 1st quarter. Apollon Financial LLC now owns 3,958 shares of the exchange traded fund’s stock valued at $270,000 after purchasing an additional 410 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of iShares Silver Trust by 10.6% in the 1st quarter. Apollon Wealth Management LLC now owns 77,538 shares of the exchange traded fund’s stock valued at $5,283,000 after purchasing an additional 7,401 shares during the period. Red Door Wealth Management LLC purchased a new position in iShares Silver Trust during the 1st quarter worth approximately $252,000. Finally, Hartmann Taylor Wealth Management LLC grew its stake in iShares Silver Trust by 36.3% during the 1st quarter. Hartmann Taylor Wealth Management LLC now owns 7,130 shares of the exchange traded fund’s stock worth $486,000 after buying an additional 1,900 shares during the last quarter.

iShares Silver Trust Price Performance

SLV opened at $53.28 on Monday. iShares Silver Trust has a 52 week low of $32.53 and a 52 week high of $109.83. The business’s 50 day moving average is $66.30 and its two-hundred day moving average is $70.17. The firm has a market cap of $30.16 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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.