Vontobel Holding Ltd. Buys 43,236 Shares of iShares Bitcoin Trust ETF $IBIT

Vontobel Holding Ltd. raised its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 85.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,986 shares of the company’s stock after acquiring an additional 43,236 shares during the period. Vontobel Holding Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $6,109,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Signature Resources Capital Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. TD Capital Management LLC increased its stake in iShares Bitcoin Trust ETF by 48.9% in the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after buying an additional 209 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in iShares Bitcoin Trust ETF in the 2nd quarter valued at about $30,000. JFS Wealth Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 1,277.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after buying an additional 447 shares in the last quarter. Finally, Highline Wealth Partners LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.4%

IBIT stock opened at $49.46 on Friday. The business has a 50 day moving average of $54.65 and a 200-day moving average of $61.05. iShares Bitcoin Trust ETF has a 12-month low of $42.98 and a 12-month high of $71.82.

iShares Bitcoin Trust ETF Company Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.