ABRDN SILVER ETF TRUST

Ticker: SIVR CUSIP: 003264108 Class: PHYSCL SILVR SHS

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

Note: Option positions (PUT/CALL) are excluded.

Q1 2022
Shares 867 Value ($000) $21 Avg Close — Range —
Q4 2021
Shares 5,047 Value ($000) $113 Avg Close — Range —