GWM Advisors LLC Has $345,000 Position in iShares Silver Trust (SLV)

GWM Advisors LLC increased its position in iShares Silver Trust (NYSEARCA:SLV) by 85.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,126 shares of the exchange traded fund’s stock after acquiring an additional 11,557 shares during the quarter. GWM Advisors LLC’s holdings in iShares Silver Trust were worth $345,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Intrepid Capital Management Inc. grew its holdings in iShares Silver Trust by 11.5% during the 2nd quarter. Intrepid Capital Management Inc. now owns 62,165 shares of the exchange traded fund’s stock valued at $942,000 after buying an additional 6,400 shares in the last quarter. Toronto Dominion Bank grew its holdings in iShares Silver Trust by 502.7% during the 2nd quarter. Toronto Dominion Bank now owns 208,616 shares of the exchange traded fund’s stock valued at $3,161,000 after buying an additional 174,000 shares in the last quarter. Morgan Stanley grew its holdings in iShares Silver Trust by 3.3% during the 2nd quarter. Morgan Stanley now owns 3,338,432 shares of the exchange traded fund’s stock valued at $50,577,000 after buying an additional 107,697 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in iShares Silver Trust by 1,491.6% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 218,552 shares of the exchange traded fund’s stock valued at $14,658,000 after buying an additional 204,820 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in iShares Silver Trust by 101.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 27,800 shares of the exchange traded fund’s stock valued at $421,000 after buying an additional 14,000 shares in the last quarter.

Shares of SLV opened at $13.76 on Tuesday. iShares Silver Trust has a 1 year low of $13.11 and a 1 year high of $16.64.

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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.

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

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