Horst & Graben Wealth Management LLC Sells 17,783 Shares of abrdn Physical Silver Shares ETF $SIVR

Horst & Graben Wealth Management LLC decreased its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 83.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,580 shares of the company’s stock after selling 17,783 shares during the quarter. Horst & Graben Wealth Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $257,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SIVR. Royal Bank of Canada lifted its position in abrdn Physical Silver Shares ETF by 2.0% during the 1st quarter. Royal Bank of Canada now owns 180,144 shares of the company’s stock worth $5,857,000 after buying an additional 3,465 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of abrdn Physical Silver Shares ETF by 268.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,822 shares of the company’s stock valued at $132,000 after acquiring an additional 2,786 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of abrdn Physical Silver Shares ETF by 2.2% in the second quarter. Baird Financial Group Inc. now owns 30,318 shares of the company’s stock valued at $1,043,000 after acquiring an additional 660 shares during the last quarter. Cerity Partners LLC increased its position in shares of abrdn Physical Silver Shares ETF by 7.9% in the second quarter. Cerity Partners LLC now owns 19,855 shares of the company’s stock valued at $683,000 after acquiring an additional 1,462 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of abrdn Physical Silver Shares ETF by 9.0% in the second quarter. NewEdge Advisors LLC now owns 124,311 shares of the company’s stock valued at $4,278,000 after acquiring an additional 10,228 shares during the last quarter.

abrdn Physical Silver Shares ETF Trading Down 2.9%

SIVR opened at $57.27 on Wednesday. The business’s 50-day simple moving average is $67.30 and its 200 day simple moving average is $73.55. abrdn Physical Silver Shares ETF has a 52-week low of $34.58 and a 52-week high of $115.26.

abrdn Physical Silver Shares ETF Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.