Sound Income Strategies LLC Boosts Holdings in iShares Silver Trust (NYSEARCA:SLV)

Sound Income Strategies LLC lifted its stake in iShares Silver Trust (NYSEARCA:SLV) by 15.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 6,476 shares of the exchange traded fund’s stock after acquiring an additional 860 shares during the period. Sound Income Strategies LLC’s holdings in iShares Silver Trust were worth $184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Transcendent Capital Group LLC purchased a new stake in iShares Silver Trust during the 4th quarter valued at approximately $26,000. AlphaMark Advisors LLC raised its stake 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 purchasing an additional 372 shares in the last quarter. Triad Wealth Partners LLC bought a new position in iShares Silver Trust during the second quarter valued at $29,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares Silver Trust in the 2nd quarter worth $32,000. Finally, West Oak Capital LLC grew its stake in shares of iShares Silver Trust by 102.3% in the 2nd quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 655 shares in the last quarter.

iShares Silver Trust Trading Up 1.5 %

SLV opened at $28.80 on Monday. The stock has a 50-day moving average of $27.09 and a 200 day moving average of $26.69. The firm has a market cap of $13.52 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $19.93 and a 12 month high of $30.07.

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.