Twin Focus Capital Partners LLC Acquires New Shares in VanEck Bitcoin Trust ETF $HODL

Twin Focus Capital Partners LLC purchased a new position in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,925 shares of the company’s stock, valued at approximately $1,033,000.

Other institutional investors have also recently added to or reduced their stakes in the company. NEOS Investment Management LLC grew its stake in shares of VanEck Bitcoin Trust ETF by 108.6% in the third quarter. NEOS Investment Management LLC now owns 6,032,465 shares of the company’s stock valued at $195,271,000 after buying an additional 3,140,191 shares in the last quarter. Hunting Hill Global Capital LLC purchased a new stake in shares of VanEck Bitcoin Trust ETF during the second quarter worth approximately $12,160,000. Trek Financial LLC acquired a new stake in shares of VanEck Bitcoin Trust ETF in the 2nd quarter valued at $6,861,000. Assetmark Inc. raised its stake in VanEck Bitcoin Trust ETF by 180.9% in the third quarter. Assetmark Inc. now owns 321,988 shares of the company’s stock valued at $10,423,000 after buying an additional 207,350 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in VanEck Bitcoin Trust ETF during the third quarter worth approximately $6,267,000.

VanEck Bitcoin Trust ETF Stock Performance

Shares of NYSEARCA:HODL opened at $20.68 on Thursday. VanEck Bitcoin Trust ETF has a twelve month low of $17.60 and a twelve month high of $35.76. The firm has a 50 day simple moving average of $22.72 and a 200-day simple moving average of $27.25.

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. HODL was launched on Jan 4, 2024 and is issued by VanEck.