Boston Financial Mangement LLC Reduces Holdings in iShares Silver Trust (SLV)

Boston Financial Mangement LLC trimmed its position in iShares Silver Trust (NYSEARCA:SLV) by 14.2% during the 4th quarter, Holdings Channel reports. The firm owned 26,180 shares of the exchange traded fund’s stock after selling 4,350 shares during the period. Boston Financial Mangement LLC’s holdings in iShares Silver Trust were worth $419,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. MD Financial Management Inc. purchased a new position in iShares Silver Trust in the fourth quarter worth about $34,463,000. Virtu Financial LLC boosted its position in iShares Silver Trust by 65.8% in the third quarter. Virtu Financial LLC now owns 671,638 shares of the exchange traded fund’s stock worth $9,989,000 after purchasing an additional 266,448 shares during the last quarter. AMG National Trust Bank boosted its position in iShares Silver Trust by 5.7% in the third quarter. AMG National Trust Bank now owns 554,310 shares of the exchange traded fund’s stock worth $8,725,000 after purchasing an additional 29,852 shares during the last quarter. Richard C. Young & CO. LTD. boosted its position in iShares Silver Trust by 1.9% in the third quarter. Richard C. Young & CO. LTD. now owns 545,534 shares of the exchange traded fund’s stock worth $8,587,000 after purchasing an additional 9,945 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in iShares Silver Trust by 5.1% in the second quarter. Ameriprise Financial Inc. now owns 496,148 shares of the exchange traded fund’s stock worth $7,785,000 after purchasing an additional 24,091 shares during the last quarter.

iShares Silver Trust (SLV) opened at $15.41 on Thursday. iShares Silver Trust has a 12-month low of $14.44 and a 12-month high of $17.59. The stock has a market capitalization of $5,110.00 and a PE ratio of -6.47.

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iShares Silver Trust Profile

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.

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV).

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

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