Chesley Taft & Associates LLC Acquires 17,000 Shares of iShares Silver Trust (NYSEARCA:SLV)

Chesley Taft & Associates LLC boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 25.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 84,300 shares of the exchange traded fund’s stock after purchasing an additional 17,000 shares during the period. Chesley Taft & Associates LLC’s holdings in iShares Silver Trust were worth $2,220,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SLV. Sugar Maple Asset Management LLC grew its stake in shares of iShares Silver Trust by 60.9% during the 4th quarter. Sugar Maple Asset Management LLC now owns 61,464 shares of the exchange traded fund’s stock valued at $1,618,000 after purchasing an additional 23,265 shares during the period. Koshinski Asset Management Inc. grew its position in iShares Silver Trust by 7.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 32,287 shares of the exchange traded fund’s stock valued at $850,000 after buying an additional 2,257 shares during the period. Harbor Investment Advisory LLC increased its holdings in iShares Silver Trust by 6.5% during the fourth quarter. Harbor Investment Advisory LLC now owns 29,422 shares of the exchange traded fund’s stock valued at $775,000 after buying an additional 1,783 shares during the last quarter. FLC Capital Advisors raised its position in iShares Silver Trust by 51.1% in the fourth quarter. FLC Capital Advisors now owns 15,000 shares of the exchange traded fund’s stock worth $395,000 after acquiring an additional 5,074 shares during the period. Finally, City Holding Co. boosted its stake in shares of iShares Silver Trust by 8.1% during the 4th quarter. City Holding Co. now owns 12,475 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 935 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $27.61 on Tuesday. The company has a market cap of $12.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The firm has a fifty day moving average price of $27.63 and a 200-day moving average price of $27.68.

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.