Trek Financial LLC purchased a new stake in VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 225,160 shares of the company’s stock, valued at approximately $6,861,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in VanEck Bitcoin Trust ETF by 76.2% in the second quarter. Farther Finance Advisors LLC now owns 925 shares of the company’s stock worth $28,000 after buying an additional 400 shares in the last quarter. Clear Investment Research LLC bought a new position in VanEck Bitcoin Trust ETF in the second quarter worth about $57,000. MAI Capital Management raised its position in shares of VanEck Bitcoin Trust ETF by 112.9% in the 1st quarter. MAI Capital Management now owns 4,476 shares of the company’s stock worth $104,000 after acquiring an additional 2,374 shares in the last quarter. Parallel Advisors LLC lifted its position in VanEck Bitcoin Trust ETF by 13.2% during the 2nd quarter. Parallel Advisors LLC now owns 6,650 shares of the company’s stock valued at $203,000 after acquiring an additional 775 shares during the period. Finally, MMA Asset Management LLC bought a new stake in VanEck Bitcoin Trust ETF in the second quarter worth $210,000.
VanEck Bitcoin Trust ETF Stock Up 6.4%
VanEck Bitcoin Trust ETF stock opened at $25.75 on Wednesday. The business’s fifty day moving average is $29.86 and its 200 day moving average is $31.01. VanEck Bitcoin Trust ETF has a one year low of $21.41 and a one year high of $35.76.
VanEck Bitcoin Trust ETF Profile
The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency.
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Want to see what other hedge funds are holding HODL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Free Report).
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