Lifestyle Asset Management Inc. grew its position in VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Free Report) by 2.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,909 shares of the company’s stock after purchasing an additional 153 shares during the period. Lifestyle Asset Management Inc.’s holdings in VanEck Bitcoin Trust ETF were worth $424,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MADDEN SECURITIES Corp bought a new stake in VanEck Bitcoin Trust ETF during the 2nd quarter valued at approximately $481,000. Sterling Financial Group Inc. bought a new stake in VanEck Bitcoin Trust ETF during the 2nd quarter worth approximately $470,000. Jane Street Group LLC acquired a new stake in shares of VanEck Bitcoin Trust ETF in the first quarter valued at $5,394,000. Synergy Asset Management LLC acquired a new position in shares of VanEck Bitcoin Trust ETF during the second quarter worth approximately $204,000. Finally, Brookstone Capital Management boosted its position in VanEck Bitcoin Trust ETF by 66.7% in the 2nd quarter. Brookstone Capital Management now owns 6,830 shares of the company’s stock valued at $500,000 after buying an additional 2,733 shares during the last quarter.
VanEck Bitcoin Trust ETF Stock Up 0.5 %
Shares of NYSEARCA HODL opened at $86.76 on Friday. The firm’s 50-day moving average is $72.26 and its 200-day moving average is $71.93. VanEck Bitcoin Trust ETF has a 1 year low of $43.77 and a 1 year high of $87.11.
VanEck Bitcoin Trust ETF 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.
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Want to see what other hedge funds are holding HODL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Free Report).
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