NewEdge Advisors LLC Sells 29,553 Shares of VanEck Bitcoin ETF $HODL

NewEdge Advisors LLC reduced its stake in VanEck Bitcoin ETF (BATS:HODL) by 59.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,553 shares of the company’s stock after selling 29,553 shares during the period. NewEdge Advisors LLC’s holdings in VanEck Bitcoin ETF were worth $394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HODL. Wells Fargo & Company MN grew its holdings in VanEck Bitcoin ETF by 100,000.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,001 shares of the company’s stock valued at $25,000 after buying an additional 1,000 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in VanEck Bitcoin ETF by 185.3% during the second quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after buying an additional 593 shares in the last quarter. Wilkerson Advisory Group LLC bought a new position in VanEck Bitcoin ETF in the fourth quarter valued at approximately $34,000. Bogart Wealth LLC bought a new position in shares of VanEck Bitcoin ETF in the 4th quarter valued at $42,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in shares of VanEck Bitcoin ETF in the third quarter worth about $64,000.

VanEck Bitcoin ETF Stock Up 1.5%

BATS HODL opened at $18.05 on Tuesday. VanEck Bitcoin ETF has a fifty-two week low of $16.40 and a fifty-two week high of $35.76. The firm’s fifty day moving average price is $18.19 and its two-hundred day moving average price is $20.19.

VanEck Bitcoin 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. HODL was launched on Jan 4, 2024 and is issued by VanEck.