Gradient Investments LLC Grows Stake in VanEck Bitcoin ETF $HODL

Gradient Investments LLC grew its stake in shares of VanEck Bitcoin ETF (BATS:HODL) by 47.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 922,374 shares of the company’s stock after acquiring an additional 297,606 shares during the quarter. Gradient Investments LLC owned about 1.67% of VanEck Bitcoin ETF worth $15,321,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Archer Investment Management LLC boosted its stake in VanEck Bitcoin ETF by 237.3% in the 2nd quarter. Archer Investment Management LLC now owns 37,593 shares of the company’s stock worth $624,000 after purchasing an additional 26,449 shares in the last quarter. FAS Wealth Partners Inc. raised its holdings in VanEck Bitcoin ETF by 5.1% in the first quarter. FAS Wealth Partners Inc. now owns 33,917 shares of the company’s stock worth $650,000 after buying an additional 1,638 shares during the last quarter. Evercore Wealth Management LLC purchased a new position in VanEck Bitcoin ETF in the first quarter worth about $211,000. Wilkerson Advisory Group LLC lifted its stake in shares of VanEck Bitcoin ETF by 112.5% in the first quarter. Wilkerson Advisory Group LLC now owns 2,951 shares of the company’s stock worth $57,000 after buying an additional 1,562 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of VanEck Bitcoin ETF by 3.6% in the first quarter. Assetmark Inc. now owns 626,385 shares of the company’s stock worth $12,002,000 after buying an additional 22,036 shares in the last quarter.

VanEck Bitcoin ETF Trading Up 0.8%

BATS:HODL opened at $18.35 on Friday. The company’s 50 day moving average price is $17.97 and its 200-day moving average price is $20.00. VanEck Bitcoin ETF has a 52 week low of $16.40 and a 52 week 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.