Vanguard Capital Wealth Advisors Has $3.36 Million Stock Holdings in iShares Silver Trust $SLV

Vanguard Capital Wealth Advisors grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 28.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,336 shares of the exchange traded fund’s stock after buying an additional 17,660 shares during the period. iShares Silver Trust accounts for 2.7% of Vanguard Capital Wealth Advisors’ portfolio, making the stock its 7th biggest holding. Vanguard Capital Wealth Advisors’ holdings in iShares Silver Trust were worth $3,361,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. GLOBALT Investments LLC GA purchased a new position in shares of iShares Silver Trust in the second quarter valued at about $29,459,000. Guggenheim Capital LLC grew its holdings in iShares Silver Trust by 1,557.6% during the 2nd quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock valued at $30,006,000 after buying an additional 859,355 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in shares of iShares Silver Trust during the second quarter valued at approximately $26,643,000. Yong Rong HK Asset Management Ltd lifted its holdings in shares of iShares Silver Trust by 299.6% in the second quarter. Yong Rong HK Asset Management Ltd now owns 800,000 shares of the exchange traded fund’s stock worth $26,248,000 after buying an additional 599,800 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of iShares Silver Trust in the second quarter worth $17,597,000.

iShares Silver Trust Stock Performance

SLV opened at $87.13 on Friday. The stock has a market capitalization of $49.63 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The company has a fifty day moving average of $62.21 and a 200 day moving average of $47.09. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $87.52.

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.