Balentine LLC Boosts Holdings in VanEck Bitcoin Trust ETF $HODL

Balentine LLC boosted its position in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 16.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,622 shares of the company’s stock after acquiring an additional 1,652 shares during the period. Balentine LLC’s holdings in VanEck Bitcoin Trust ETF were worth $354,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Berger Financial Group Inc raised its holdings in shares of VanEck Bitcoin Trust ETF by 473.0% in the first quarter. Berger Financial Group Inc now owns 581,061 shares of the company’s stock worth $13,545,000 after buying an additional 479,663 shares during the last quarter. Avalon Capital Management raised its holdings in shares of VanEck Bitcoin Trust ETF by 292.8% in the first quarter. Avalon Capital Management now owns 246,438 shares of the company’s stock worth $5,744,000 after buying an additional 183,703 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of VanEck Bitcoin Trust ETF in the first quarter worth $4,206,000. NewEdge Advisors LLC purchased a new position in shares of VanEck Bitcoin Trust ETF in the first quarter worth $3,017,000. Finally, Assetmark Inc. raised its holdings in shares of VanEck Bitcoin Trust ETF by 435.9% in the first quarter. Assetmark Inc. now owns 93,687 shares of the company’s stock worth $2,184,000 after buying an additional 76,205 shares during the last quarter.

VanEck Bitcoin Trust ETF Stock Up 3.2%

NYSEARCA HODL opened at $31.03 on Friday. The company has a fifty day simple moving average of $32.08 and a two-hundred day simple moving average of $30.97. VanEck Bitcoin Trust ETF has a 12-month low of $18.97 and a 12-month high of $35.76.

VanEck Bitcoin Trust ETF Company 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.