Redwood Wealth Management Group LLC Buys 6,615 Shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Redwood Wealth Management Group LLC grew its holdings in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 32.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,715 shares of the company’s stock after buying an additional 6,615 shares during the quarter. Redwood Wealth Management Group LLC’s holdings in Valkyrie Bitcoin Miners ETF were worth $592,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Centaurus Financial Inc. bought a new stake in Valkyrie Bitcoin Miners ETF during the 3rd quarter worth about $336,000. Nwam LLC bought a new stake in Valkyrie Bitcoin Miners ETF during the 3rd quarter worth about $346,000. Finally, Creative Planning lifted its position in Valkyrie Bitcoin Miners ETF by 1,008.8% during the 3rd quarter. Creative Planning now owns 150,746 shares of the company’s stock worth $2,866,000 after buying an additional 137,151 shares in the last quarter. 24.15% of the stock is owned by institutional investors.

Valkyrie Bitcoin Miners ETF Price Performance

Shares of NASDAQ:WGMI opened at $22.57 on Wednesday. The company’s 50-day moving average price is $25.28 and its two-hundred day moving average price is $22.18. Valkyrie Bitcoin Miners ETF has a one year low of $12.06 and a one year high of $31.89.

Valkyrie Bitcoin Miners ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.0493 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

Valkyrie Bitcoin Miners ETF Profile

The Valkyrie Bitcoin Miners ETF (WGMI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides active exposure to companies that derive at least 50% of their revenue from bitcoin mining operations and/or services related to bitcoin mining. WGMI was launched on Feb 7, 2022 and is managed by Valkyrie.