iShares Silver Trust $SLV is Vivaldi Capital Management LP’s 10th Largest Position

Vivaldi Capital Management LP reduced its stake in iShares Silver Trust (NYSEARCA:SLV) by 10.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 255,271 shares of the exchange traded fund’s stock after selling 30,452 shares during the period. iShares Silver Trust makes up 2.4% of Vivaldi Capital Management LP’s portfolio, making the stock its 10th biggest position. Vivaldi Capital Management LP’s holdings in iShares Silver Trust were worth $17,394,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Tableaux LLC purchased a new position in iShares Silver Trust in the fourth quarter worth about $133,233,000. Bank of Montreal Can raised its holdings in iShares Silver Trust by 505.8% in the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after acquiring an additional 1,852,688 shares during the last quarter. Teacher Retirement System of Texas lifted its position in iShares Silver Trust by 259.9% in the 4th quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after acquiring an additional 1,011,000 shares in the last quarter. Mainstay Capital Management LLC ADV boosted its stake in iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after purchasing an additional 824,589 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of iShares Silver Trust by 480.3% in the 4th quarter. Focus Partners Wealth now owns 744,124 shares of the exchange traded fund’s stock worth $47,936,000 after purchasing an additional 615,902 shares in the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $52.59 on Friday. The stock has a market capitalization of $28.09 billion, a P/E ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a 1-year low of $33.10 and a 1-year high of $109.83. The business has a fifty day moving average price of $59.15 and a 200-day moving average price of $68.86.

iShares Silver Trust Company 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. 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.