−Removed: Market for Registrant’s Common Equity, Related
−Removed: Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: The Trust was formed on July 20, 2009 (the “Date of Inception”)
−Removed: following an initial deposit of silver.
−Removed: The Trust’s Shares have been listed on the NYSE Arca under the symbol SIVR since
−Removed: its initial public offering on July 24, 2009.
−Removed: The following tables set out the range of high and low closing prices for the Shares
−Removed: as reported for NYSE Arca transactions for each of the quarters during the years ended December 31, 2023 and 2022:
+Added: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Trust was formed on July 20, 2009 (the “Date of Inception”) following an initial deposit of silver.
+Added: Shares have been listed on the NYSE Arca under the symbol SIVR since its initial public offering on July 24, 2009.
+Added: The following
+Added: tables set out the range of high and low closing prices for the Shares as reported for NYSE Arca transactions for each of the
+Added: quarters during the years ended December 31, 2024 and 2023:
Fiscal Year Ended December 31, 2024:
10 unchanged sentences
December 31, 2023
−Removed: The number of outstanding Shares of the Trust as of February
−Removed: 26, 2024 was 47,050,000.
−Removed: Monthly Share Price
−Removed: The following table sets forth, for each of the most recent
−Removed: six months, the high and low closing prices of the Shares, as reported for NYSE Arca transactions.
+Added: number of outstanding Shares of the Trust as of February 26, 2025 was 49,900,000.
+Added: following table sets forth, for each of the most recent six months, the high and low closing prices of the Shares, as reported
+Added: for NYSE Arca transactions.
September 2024
1 unchanged sentence
December 2024
−Removed: Issuer Purchase of Equity Securities
−Removed: The Trust issues and redeems Shares only with Authorized Participants
−Removed: in exchange for silver, only in aggregations of 50,000 Shares or integral multiples thereof.
−Removed: A list of current Authorized Participants
−Removed: is available from the Sponsor or the Trustee and is included in Item 7 of this report.
−Removed: Although the Trust does not purchase Shares
−Removed: directly from its Shareholders, in connection with the redemption of Baskets, the Trust redeemed as follows during the years ended
−Removed: December 31, 2023 and 2022:
+Added: Purchase of Equity Securities
+Added: Trust issues and redeems Shares only with Authorized Participants in exchange for silver, only in aggregations of 50,000 Shares
+Added: or integral multiples thereof.
+Added: A list of current Authorized Participants is available from the Sponsor or the Trustee and is included
+Added: in Item 7 of this report.
+Added: Although the Trust does not purchase Shares directly from its Shareholders, in connection with the redemption
+Added: of Baskets, the Trust redeemed as follows during the years ended December 31, 2024 and 2023:
Total number of
15 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.