Trek Financial LLC Lowers Stock Holdings in VanEck Bitcoin ETF $HODL

Trek Financial LLC lowered its holdings in shares of VanEck Bitcoin ETF (BATS:HODL) by 92.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,734 shares of the company’s stock after selling 218,581 shares during the quarter. Trek Financial LLC’s holdings in VanEck Bitcoin ETF were worth $414,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HODL. Integrated Wealth Concepts LLC boosted its position in VanEck Bitcoin ETF by 280.7% during the first quarter. Integrated Wealth Concepts LLC now owns 9,250 shares of the company’s stock worth $216,000 after purchasing an additional 6,820 shares in the last quarter. Jane Street Group LLC acquired a new position in VanEck Bitcoin ETF during the first quarter worth $4,206,000. EverSource Wealth Advisors LLC raised its position in VanEck Bitcoin ETF by 185.3% during the second quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after acquiring an additional 593 shares during the period. First Trust Advisors LP raised its position in VanEck Bitcoin ETF by 28.1% during the second quarter. First Trust Advisors LP now owns 180,605 shares of the company’s stock worth $5,503,000 after acquiring an additional 39,630 shares during the period. Finally, NewEdge Advisors LLC raised its position in VanEck Bitcoin ETF by 97.7% during the second quarter. NewEdge Advisors LLC now owns 255,928 shares of the company’s stock worth $7,798,000 after acquiring an additional 126,483 shares during the period.

VanEck Bitcoin ETF Stock Performance

BATS:HODL opened at $22.50 on Thursday. The company has a fifty day moving average of $20.71 and a two-hundred day moving average of $23.42. VanEck Bitcoin ETF has a fifty-two week low of $17.60 and a fifty-two 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.