DDD Partners LLC Sells 4,288 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

DDD Partners LLC lowered its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 26.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,664 shares of the company’s stock after selling 4,288 shares during the quarter. DDD Partners LLC’s holdings in iShares Bitcoin Trust were worth $619,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IBIT. Creative Planning lifted its holdings in shares of iShares Bitcoin Trust by 0.9% in the 3rd quarter. Creative Planning now owns 186,104 shares of the company’s stock worth $6,724,000 after buying an additional 1,632 shares during the period. NBC Securities Inc. purchased a new stake in iShares Bitcoin Trust in the third quarter worth about $89,000. Trust Co. of Vermont increased its position in iShares Bitcoin Trust by 152.9% during the 3rd quarter. Trust Co. of Vermont now owns 1,644 shares of the company’s stock valued at $59,000 after purchasing an additional 994 shares during the period. AlphaMark Advisors LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $81,000. Finally, Stratos Wealth Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $241,000.

iShares Bitcoin Trust Price Performance

Shares of IBIT stock opened at $55.33 on Monday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The company’s 50 day moving average is $56.25 and its 200 day moving average is $45.51.

iShares Bitcoin Trust Company Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.