Assetmark Inc. Has $10.42 Million Position in VanEck Bitcoin Trust ETF $HODL

Assetmark Inc. lifted its stake in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 180.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 321,988 shares of the company’s stock after purchasing an additional 207,350 shares during the quarter. Assetmark Inc. owned 0.65% of VanEck Bitcoin Trust ETF worth $10,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in HODL. Cibc World Market Inc. bought a new position in shares of VanEck Bitcoin Trust ETF in the 3rd quarter valued at $271,000. EnRich Financial Partners LLC bought a new position in VanEck Bitcoin Trust ETF in the third quarter valued at about $283,000. Waterloo Capital L.P. grew its holdings in shares of VanEck Bitcoin Trust ETF by 57.2% during the third quarter. Waterloo Capital L.P. now owns 13,540 shares of the company’s stock worth $438,000 after purchasing an additional 4,926 shares during the last quarter. Firestone Capital Management grew its holdings in shares of VanEck Bitcoin Trust ETF by 13.2% during the third quarter. Firestone Capital Management now owns 31,895 shares of the company’s stock worth $1,032,000 after purchasing an additional 3,712 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in VanEck Bitcoin Trust ETF in the 3rd quarter valued at approximately $289,000.

VanEck Bitcoin Trust ETF Trading Up 5.2%

NYSEARCA:HODL opened at $19.44 on Monday. VanEck Bitcoin Trust ETF has a one year low of $17.60 and a one year high of $35.76. The firm’s 50 day simple moving average is $24.27 and its 200 day simple moving average is $28.48.

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.