Dynamic Advisor Solutions LLC Buys 4,968 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Dynamic Advisor Solutions LLC boosted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 72.8% during the 4th quarter, HoldingsChannel reports. The fund owned 11,796 shares of the company’s stock after buying an additional 4,968 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Bitcoin Trust were worth $626,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in IBIT. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at approximately $25,000. City Holding Co. boosted its stake in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after buying an additional 238 shares in the last quarter. Asset Dedication LLC increased its holdings in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after buying an additional 279 shares during the period. PSI Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at $30,000. Finally, Glass Jacobson Investment Advisors llc lifted its holdings in shares of iShares Bitcoin Trust by 40.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after acquiring an additional 304 shares during the period.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $57.85 on Tuesday. iShares Bitcoin Trust has a twelve month low of $23.88 and a twelve month high of $61.75. The company’s 50-day simple moving average is $55.77 and its 200 day simple moving average is $43.45.

iShares Bitcoin Trust Profile

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.