Shares of Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC – Get Free Report) were up 1.6% on Monday . The stock traded as high as $36.18 and last traded at $36.10. 14,526 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 61,084 shares. The stock had previously closed at $35.53.
Grayscale Digital Large Cap Fund Trading Up 1.6%
The business’s fifty day simple moving average is $29.69 and its 200-day simple moving average is $31.37.
Hedge Funds Weigh In On Grayscale Digital Large Cap Fund
Several institutional investors have recently bought and sold shares of the stock. US Bancorp DE purchased a new stake in Grayscale Digital Large Cap Fund in the 3rd quarter worth $35,000. Legacy Wealth Managment LLC ID purchased a new position in shares of Grayscale Digital Large Cap Fund during the fourth quarter valued at about $68,000. CWM LLC grew its position in shares of Grayscale Digital Large Cap Fund by 40.7% during the fourth quarter. CWM LLC now owns 1,710 shares of the company’s stock valued at $71,000 after purchasing an additional 495 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Grayscale Digital Large Cap Fund in the fourth quarter worth about $73,000. Finally, Advisory Services Network LLC bought a new stake in shares of Grayscale Digital Large Cap Fund in the third quarter worth about $73,000.
About Grayscale Digital Large Cap Fund
Grayscale Digital Large Cap Fund (OTCMKTS: GDLC) is a digital asset investment vehicle designed to offer investors diversified exposure to large-cap cryptocurrencies through a single, publicly traded instrument. Managed by Grayscale Investments, the fund seeks to track a market-capitalization-weighted index of leading digital assets, providing access to a basket of prominent tokens such as Bitcoin, Ethereum and other top-tier digital currencies. Shares of the fund are traded over the counter, allowing both institutional and individual investors to gain regulated exposure to the crypto asset class without directly holding underlying tokens.
As an open-end grantor trust, GDLC acquires and securely stores its portfolio of digital assets on behalf of shareholders, leveraging custodial arrangements and institutional-grade security protocols.
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