Castleview Partners LLC Reduces Stock Holdings in VanEck Commodity Strategy ETF $PIT

Castleview Partners LLC lowered its stake in shares of VanEck Commodity Strategy ETF (BATS:PIT) by 42.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,390 shares of the company’s stock after selling 12,686 shares during the quarter. Castleview Partners LLC owned approximately 2.48% of VanEck Commodity Strategy ETF worth $918,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Van ECK Associates Corp raised its stake in VanEck Commodity Strategy ETF by 13.4% during the 3rd quarter. Van ECK Associates Corp now owns 625,322 shares of the company’s stock worth $34,280,000 after acquiring an additional 74,013 shares in the last quarter. ORG Partners LLC grew its holdings in shares of VanEck Commodity Strategy ETF by 7.6% during the third quarter. ORG Partners LLC now owns 35,114 shares of the company’s stock worth $1,926,000 after purchasing an additional 2,495 shares during the last quarter. Finally, Breakwater Investment Management increased its position in shares of VanEck Commodity Strategy ETF by 24.9% during the third quarter. Breakwater Investment Management now owns 11,509 shares of the company’s stock worth $631,000 after purchasing an additional 2,291 shares in the last quarter.

VanEck Commodity Strategy ETF Price Performance

Shares of BATS PIT opened at $68.71 on Thursday. VanEck Commodity Strategy ETF has a 52-week low of $45.32 and a 52-week high of $72.60. The business has a 50-day moving average price of $62.07 and a 200 day moving average price of $57.66.

About VanEck Commodity Strategy ETF

The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns. PIT was launched on Dec 20, 2022 and is managed by VanEck.