Norden Group LLC Acquires New Position in VanEck Bitcoin ETF $HODL

Norden Group LLC bought a new position in shares of VanEck Bitcoin ETF (BATS:HODL) during the 4th quarter, HoldingsChannel.com reports. The fund bought 27,050 shares of the company’s stock, valued at approximately $669,000.

Other hedge funds also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its position in VanEck Bitcoin ETF by 280.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 9,250 shares of the company’s stock valued at $216,000 after buying an additional 6,820 shares during the period. Jane Street Group LLC purchased a new stake in shares of VanEck Bitcoin ETF during the first quarter worth $4,206,000. Steward Partners Investment Advisory LLC increased its position in shares of VanEck Bitcoin ETF by 18,408.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 37,016 shares of the company’s stock worth $1,128,000 after acquiring an additional 36,816 shares during the period. CW Advisors LLC raised its stake in shares of VanEck Bitcoin ETF by 57.1% in the second quarter. CW Advisors LLC now owns 31,474 shares of the company’s stock valued at $959,000 after acquiring an additional 11,443 shares in the last quarter. Finally, Trek Financial LLC acquired a new stake in shares of VanEck Bitcoin ETF in the second quarter valued at $6,861,000.

VanEck Bitcoin ETF Trading Down 3.6%

BATS:HODL opened at $18.66 on Friday. VanEck Bitcoin ETF has a 12-month low of $17.60 and a 12-month high of $35.76. The stock has a fifty day moving average price of $20.88 and a 200 day moving average price of $25.93.

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