Bridgewealth Advisory Group LLC Takes $213,000 Position in iShares Silver Trust (NYSEARCA:SLV)

Bridgewealth Advisory Group LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,002 shares of the exchange traded fund’s stock, valued at approximately $213,000.

Several other large investors have also recently modified their holdings of the stock. AlphaMark Advisors LLC increased its position in iShares Silver Trust by 57.2% during the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 372 shares during the last quarter. Whittier Trust Co. grew its holdings in iShares Silver Trust by 1.7% during the 2nd quarter. Whittier Trust Co. now owns 23,650 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 394 shares during the last quarter. Durante & Waters LLC grew its holdings in iShares Silver Trust by 3.4% during the 2nd quarter. Durante & Waters LLC now owns 11,895 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 395 shares during the last quarter. Van Hulzen Asset Management LLC raised its position in iShares Silver Trust by 1.3% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 35,388 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 450 shares during the period. Finally, Vima LLC lifted its stake in iShares Silver Trust by 6.0% in the second quarter. Vima LLC now owns 8,044 shares of the exchange traded fund’s stock worth $214,000 after purchasing an additional 452 shares during the last quarter.

iShares Silver Trust Stock Performance

SLV opened at $28.41 on Friday. The stock’s 50 day moving average price is $26.44 and its 200-day moving average price is $26.01. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56. The stock has a market cap of $13.33 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.