Balboa Wealth Partners Invests $270,000 in VanEck Digital Transformation ETF (NASDAQ:DAPP)

Balboa Wealth Partners acquired a new stake in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 18,822 shares of the company’s stock, valued at approximately $270,000. Balboa Wealth Partners owned approximately 0.14% of VanEck Digital Transformation ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Banque Cantonale Vaudoise increased its position in shares of VanEck Digital Transformation ETF by 13.6% in the third quarter. Banque Cantonale Vaudoise now owns 11,777 shares of the company’s stock worth $138,000 after purchasing an additional 1,409 shares during the last quarter. CreativeOne Wealth LLC purchased a new stake in VanEck Digital Transformation ETF in the third quarter worth approximately $137,000. Flow Traders U.S. LLC boosted its stake in VanEck Digital Transformation ETF by 844.5% in the third quarter. Flow Traders U.S. LLC now owns 298,318 shares of the company’s stock worth $3,508,000 after buying an additional 266,734 shares in the last quarter. Jane Street Group LLC raised its stake in shares of VanEck Digital Transformation ETF by 1,134.9% during the third quarter. Jane Street Group LLC now owns 533,518 shares of the company’s stock worth $6,274,000 after acquiring an additional 490,316 shares in the last quarter. Finally, Gainplan LLC lifted its holdings in shares of VanEck Digital Transformation ETF by 3.0% in the 4th quarter. Gainplan LLC now owns 89,446 shares of the company’s stock worth $1,285,000 after acquiring an additional 2,635 shares during the last quarter.

VanEck Digital Transformation ETF Stock Performance

Shares of VanEck Digital Transformation ETF stock opened at $9.91 on Friday. The company has a fifty day moving average of $14.24 and a 200-day moving average of $14.28. VanEck Digital Transformation ETF has a 52-week low of $8.36 and a 52-week high of $20.71. The stock has a market capitalization of $137.75 million, a price-to-earnings ratio of 2.89 and a beta of 2.90.

VanEck Digital Transformation ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $0.5808 per share. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Digital Transformation ETF Profile

The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.