Assetmark Inc. Raises Stock Position in VanEck Bitcoin ETF $HODL

Assetmark Inc. lifted its stake in shares of VanEck Bitcoin ETF (BATS:HODL) by 87.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 604,349 shares of the company’s stock after buying an additional 282,361 shares during the quarter. Assetmark Inc. owned about 0.94% of VanEck Bitcoin ETF worth $14,946,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HODL. NEOS Investment Management LLC lifted its position in shares of VanEck Bitcoin ETF by 108.6% during the 3rd quarter. NEOS Investment Management LLC now owns 6,032,465 shares of the company’s stock worth $195,271,000 after buying an additional 3,140,191 shares during the last quarter. Bouchey Financial Group Ltd purchased a new stake in shares of VanEck Bitcoin ETF during the 4th quarter worth approximately $16,987,000. Heck Capital Advisors LLC purchased a new stake in shares of VanEck Bitcoin ETF during the 3rd quarter worth approximately $6,267,000. Jane Street Group LLC purchased a new stake in shares of VanEck Bitcoin ETF during the 1st quarter worth approximately $4,206,000. Finally, Van ECK Associates Corp lifted its position in shares of VanEck Bitcoin ETF by 4.3% during the 3rd quarter. Van ECK Associates Corp now owns 4,114,027 shares of the company’s stock worth $133,171,000 after buying an additional 170,543 shares during the last quarter.

VanEck Bitcoin ETF Stock Performance

Shares of BATS:HODL opened at $21.32 on Friday. VanEck Bitcoin 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 $19.63 and a 200-day simple moving average of $24.78.

VanEck Bitcoin 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.