VCI Wealth Management LLC Raises Stock Holdings in iShares Bitcoin Trust ETF $IBIT

VCI Wealth Management LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 54.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 235,487 shares of the company’s stock after acquiring an additional 83,454 shares during the period. iShares Bitcoin Trust ETF accounts for about 2.5% of VCI Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. VCI Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $9,047,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IBIT. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF in the 3rd quarter worth $25,000. Anchor Investment Management LLC lifted its stake in iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares in the last quarter. Financial Life Planners purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth $31,000. Semmax Financial Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Up 1.0%

NASDAQ:IBIT opened at $33.85 on Friday. The business’s 50-day moving average is $40.83 and its 200 day moving average is $43.15. iShares Bitcoin Trust ETF has a 12 month low of $32.84 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.