Synergy Asset Management LLC Acquires 3,001 Shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Synergy Asset Management LLC boosted its holdings in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 100.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,002 shares of the company’s stock after acquiring an additional 3,001 shares during the quarter. Synergy Asset Management LLC’s holdings in VanEck Bitcoin Trust ETF were worth $634,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Tidal Investments LLC grew its holdings in shares of VanEck Bitcoin Trust ETF by 11.1% in the third quarter. Tidal Investments LLC now owns 154,780 shares of the company’s stock worth $11,118,000 after purchasing an additional 15,513 shares during the last quarter. Flow Traders U.S. LLC raised its stake in shares of VanEck Bitcoin Trust ETF by 250.7% during the third quarter. Flow Traders U.S. LLC now owns 107,265 shares of the company’s stock valued at $7,705,000 after acquiring an additional 76,682 shares in the last quarter. Gradient Investments LLC boosted its holdings in shares of VanEck Bitcoin Trust ETF by 15.5% in the fourth quarter. Gradient Investments LLC now owns 55,855 shares of the company’s stock valued at $5,904,000 after purchasing an additional 7,496 shares during the period. Jane Street Group LLC grew its stake in VanEck Bitcoin Trust ETF by 5.0% in the third quarter. Jane Street Group LLC now owns 34,096 shares of the company’s stock worth $2,449,000 after purchasing an additional 1,616 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in VanEck Bitcoin Trust ETF during the 2nd quarter valued at $2,077,000.

VanEck Bitcoin Trust ETF Price Performance

HODL opened at $118.03 on Thursday. VanEck Bitcoin Trust ETF has a 12-month low of $47.87 and a 12-month high of $122.63. The business’s fifty day simple moving average is $111.35 and its 200-day simple moving average is $87.09.

VanEck Bitcoin Trust ETF Company 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.