Gradient Investments LLC Boosts Position in VanEck Bitcoin ETF $HODL

Gradient Investments LLC boosted its position in VanEck Bitcoin ETF (BATS:HODL) by 47.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 922,374 shares of the company’s stock after purchasing an additional 297,606 shares during the period. Gradient Investments LLC’s holdings in VanEck Bitcoin ETF were worth $15,321,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Archer Investment Management LLC boosted its holdings in shares of VanEck Bitcoin ETF by 237.3% in the second quarter. Archer Investment Management LLC now owns 37,593 shares of the company’s stock worth $624,000 after buying an additional 26,449 shares during the last quarter. FAS Wealth Partners Inc. raised its position in VanEck Bitcoin ETF by 5.1% in the first quarter. FAS Wealth Partners Inc. now owns 33,917 shares of the company’s stock worth $650,000 after acquiring an additional 1,638 shares during the period. Evercore Wealth Management LLC purchased a new position in shares of VanEck Bitcoin ETF during the 1st quarter worth $211,000. Wilkerson Advisory Group LLC grew its position in shares of VanEck Bitcoin ETF by 112.5% during the 1st quarter. Wilkerson Advisory Group LLC now owns 2,951 shares of the company’s stock valued at $57,000 after acquiring an additional 1,562 shares during the period. Finally, Assetmark Inc. increased its stake in shares of VanEck Bitcoin ETF by 3.6% in the 1st quarter. Assetmark Inc. now owns 626,385 shares of the company’s stock worth $12,002,000 after purchasing an additional 22,036 shares in the last quarter.

VanEck Bitcoin ETF Stock Up 0.8%

Shares of VanEck Bitcoin ETF stock opened at $18.35 on Friday. VanEck Bitcoin ETF has a one year low of $16.40 and a one year high of $35.76. The stock’s fifty day moving average is $17.97 and its 200 day moving average is $20.00.

About VanEck Bitcoin ETF

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. HODL was launched on Jan 4, 2024 and is issued by VanEck.