Vontobel Holding Ltd. Grows Holdings in iShares Bitcoin Trust ETF $IBIT

Vontobel Holding Ltd. grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 440.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,294 shares of the company’s stock after acquiring an additional 36,916 shares during the period. Vontobel Holding Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $1,508,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Semmax Financial Advisors Inc. grew its position in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the period. Marshall & Sterling Wealth Advisors Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Sfam LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000. Key Capital Management INC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after purchasing an additional 459 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.7%

Shares of IBIT stock opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82. The business’s 50 day moving average is $35.88 and its two-hundred day moving average is $39.45.

About iShares Bitcoin Trust ETF

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.