Nations Financial Group Inc. IA ADV Purchases 7,084 Shares of iShares Silver Trust (SLV)


Nations Financial Group Inc. IA ADV raised its position in iShares Silver Trust (NYSEARCA:SLV) by 56.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 19,564 shares of the exchange traded fund’s stock after acquiring an additional 7,084 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares Silver Trust were worth $269,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SLV. Sphinx Trading LP bought a new position in iShares Silver Trust in the second quarter worth approximately $161,000. AMG National Trust Bank increased its position in shares of iShares Silver Trust by 14.9% during the second quarter. AMG National Trust Bank now owns 688,881 shares of the exchange traded fund’s stock valued at $10,437,000 after acquiring an additional 89,375 shares during the last quarter. Baltimore Capital Management Inc. increased its position in iShares Silver Trust by 13.9% in the second quarter. Baltimore Capital Management Inc. now owns 34,500 shares of the exchange traded fund’s stock worth $523,000 after buying an additional 4,200 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in shares of iShares Silver Trust by 1,491.6% in the second quarter. Cornerstone Wealth Management LLC now owns 218,552 shares of the exchange traded fund’s stock valued at $14,658,000 after purchasing an additional 204,820 shares in the last quarter. Finally, First Command Bank boosted its stake in iShares Silver Trust by 764.4% during the second quarter. First Command Bank now owns 64,660 shares of the exchange traded fund’s stock valued at $980,000 after buying an additional 57,180 shares during the period.

SLV stock traded up $0.13 during mid-day trading on Tuesday, hitting $13.62. 10,208,600 shares of the stock were exchanged, compared to its average volume of 8,376,492. iShares Silver Trust has a 12 month low of $13.11 and a 12 month high of $16.64.

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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.

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

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