Northwestern Mutual Wealth Management Co. Acquires Shares of 230,420 VanEck Bitcoin ETF $HODL

Northwestern Mutual Wealth Management Co. acquired a new stake in shares of VanEck Bitcoin ETF (BATS:HODL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 230,420 shares of the company’s stock, valued at approximately $5,698,000.

Several other large investors have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its stake in VanEck Bitcoin ETF by 185.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after purchasing an additional 593 shares in the last quarter. Bogart Wealth LLC bought a new position in VanEck Bitcoin ETF in the 4th quarter worth about $42,000. Highline Wealth Partners LLC bought a new position in VanEck Bitcoin ETF in the 4th quarter worth about $62,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in VanEck Bitcoin ETF in the 3rd quarter worth about $64,000. Finally, Clear Investment Research LLC boosted its stake in VanEck Bitcoin ETF by 34.4% in the 3rd quarter. Clear Investment Research LLC now owns 2,537 shares of the company’s stock worth $82,000 after purchasing an additional 650 shares in the last quarter.

VanEck Bitcoin ETF Trading Down 2.8%

Shares of VanEck Bitcoin ETF stock opened at $18.48 on Thursday. The firm’s 50-day moving average is $21.05 and its 200 day moving average is $22.46. VanEck Bitcoin ETF has a 1 year low of $17.60 and a 1 year high of $35.76.

VanEck Bitcoin ETF Company 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.