Ballentine Partners: Ballentine Partners LLC Buys New Stake in iShares Silver Trust (NYSEARCA:SLV)

Ballentine Partners LLC bought a new stake in iShares Silver Trust ( NYSEARCA:SLV - Get Rating ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,000 shares of the exchange traded fund's stock, valued at approximately $242,000. A number of other institutional investors and hedge funds have also recently bought and sold shares of SLV. Blair William & Co. IL lifted its stake in iShares Silver Trust by 8.2% in the 1st quarter. Blair William & Co. IL now owns 105,435 shares of the exchange traded fund's stock valued at $2,412,000 after buying an additional 7,980 shares in the last quarter. Baird Financial Group Inc. lifted its stake in iShares Silver Trust by 14.8% in the 1st quarter. Baird Financial Group Inc. now owns 1,095,156 shares of the exchange traded fund's stock valued at $25,057,000 after buying an additional 140,797 shares in the last quarter. Covestor Ltd purchased a new stake in iShares Silver Trust in the 1st quarter valued at approximately $28,000. Merit Financial Group LLC raised its holdings in iShares Silver Trust by 24.5% in the 1st quarter. Merit Financial Group LLC now owns 20,346 shares of the exchange traded fund's stock valued at $466,000 after acquiring an additional 4,000 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in iShares Silver Trust by 141.6% in the 1st quarter. NewEdge Advisors LLC now owns 312,345 shares of the exchange traded fund's stock valued at $7,147,000 after acquiring an additional 183,084 shares during the last quarter. Shares of SLV opened at $23.04 on Wednesday. The stock has a fifty day moving average of $20.55 and a two-hundred day moving average of $20.21. iShares Silver Trust has a fifty-two week low of $16.19 and a fifty-two week high of $24.16. 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. Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust ( NYSEARCA:SLV - Get Rating ). Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter .