iShares Silver Trust (NYSEARCA:SLV) Stock Holdings Raised by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC lifted its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 54,724 shares of the exchange traded fund’s stock after buying an additional 1,805 shares during the quarter. iShares Silver Trust accounts for about 0.6% of Centennial Wealth Advisory LLC’s holdings, making the stock its 22nd biggest holding. Centennial Wealth Advisory LLC’s holdings in iShares Silver Trust were worth $1,555,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Norden Group LLC bought a new stake in shares of iShares Silver Trust during the 1st quarter valued at about $214,000. Sequoia Financial Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter worth approximately $210,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares Silver Trust by 2.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 135,800 shares of the exchange traded fund’s stock worth $3,089,000 after purchasing an additional 3,000 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in iShares Silver Trust by 7.6% during the 1st quarter. Daiwa Securities Group Inc. now owns 26,750 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 1,900 shares during the period. Finally, Oxbow Advisors LLC bought a new position in iShares Silver Trust during the 1st quarter worth $257,000.

iShares Silver Trust Stock Performance

Shares of SLV traded down $1.50 during midday trading on Wednesday, hitting $28.25. 8,884,095 shares of the stock traded hands, compared to its average volume of 22,593,375. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80. The business’s 50 day moving average price is $28.50 and its two-hundred day moving average price is $27.30. The firm has a market capitalization of $13.26 billion, a PE ratio of -7.01 and a beta of 0.43.

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.