Fielder Capital Group LLC Purchases 64,525 Shares of ProShares Bitcoin ETF $BITO

Fielder Capital Group LLC lifted its position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 14.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 508,475 shares of the company’s stock after purchasing an additional 64,525 shares during the period. ProShares Bitcoin ETF accounts for approximately 2.3% of Fielder Capital Group LLC’s portfolio, making the stock its 14th largest position. Fielder Capital Group LLC owned 0.33% of ProShares Bitcoin ETF worth $10,007,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BITO. Envestnet Asset Management Inc. purchased a new position in ProShares Bitcoin ETF during the 3rd quarter valued at about $220,000. Villere ST Denis J & Co. LLC grew its position in shares of ProShares Bitcoin ETF by 12.1% in the 3rd quarter. Villere ST Denis J & Co. LLC now owns 10,612 shares of the company’s stock worth $209,000 after buying an additional 1,144 shares during the last quarter. Wealth Management Nebraska increased its stake in shares of ProShares Bitcoin ETF by 28.4% during the third quarter. Wealth Management Nebraska now owns 24,823 shares of the company’s stock valued at $489,000 after buying an additional 5,488 shares during the period. Paragon Private Wealth Management LLC increased its stake in shares of ProShares Bitcoin ETF by 12.1% during the third quarter. Paragon Private Wealth Management LLC now owns 24,242 shares of the company’s stock valued at $477,000 after buying an additional 2,619 shares during the period. Finally, PFG Investments LLC raised its holdings in shares of ProShares Bitcoin ETF by 70.3% during the third quarter. PFG Investments LLC now owns 73,879 shares of the company’s stock valued at $1,454,000 after acquiring an additional 30,499 shares in the last quarter.

ProShares Bitcoin ETF Stock Performance

Shares of NYSEARCA BITO opened at $9.69 on Friday. ProShares Bitcoin ETF has a 12 month low of $8.61 and a 12 month high of $23.63. The firm has a fifty day simple moving average of $12.49 and a two-hundred day simple moving average of $16.65.

ProShares Bitcoin ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.0097 dividend. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, February 2nd.

About ProShares Bitcoin ETF

The ProShares Bitcoin Strategy ETF (BITO) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of front-month CME bitcoin futures. BITO was launched on Oct 18, 2021 and is managed by ProShares.