S.A. Mason LLC Purchases New Position in VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

S.A. Mason LLC purchased a new stake in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,105 shares of the company’s stock, valued at approximately $72,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Newton One Investments LLC boosted its position in shares of VanEck Bitcoin Trust ETF by 300.0% during the first quarter. Newton One Investments LLC now owns 1,324 shares of the company’s stock valued at $31,000 after buying an additional 993 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in VanEck Bitcoin Trust ETF by 230.4% during the 1st quarter. AdvisorNet Financial Inc now owns 1,900 shares of the company’s stock valued at $44,000 after acquiring an additional 1,325 shares in the last quarter. Parallel Advisors LLC lifted its stake in VanEck Bitcoin Trust ETF by 300.2% during the 1st quarter. Parallel Advisors LLC now owns 5,875 shares of the company’s stock valued at $137,000 after acquiring an additional 4,407 shares in the last quarter. EnRich Financial Partners LLC boosted its holdings in VanEck Bitcoin Trust ETF by 27.2% during the 4th quarter. EnRich Financial Partners LLC now owns 1,413 shares of the company’s stock worth $149,000 after acquiring an additional 302 shares during the last quarter. Finally, Sandhill Capital Partners LLC bought a new stake in shares of VanEck Bitcoin Trust ETF in the 4th quarter worth $210,000.

VanEck Bitcoin Trust ETF Trading Up 2.4%

Shares of HODL stock opened at $29.91 on Wednesday. The firm has a 50-day moving average of $28.71 and a 200-day moving average of $27.08. VanEck Bitcoin Trust ETF has a one year low of $14.01 and a one year high of $31.70.

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.