Sterling Financial Group Inc. Purchases 1,200 Shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Sterling Financial Group Inc. increased its position in VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 17.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,130 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Sterling Financial Group Inc.’s holdings in VanEck Bitcoin Trust ETF were worth $584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of HODL. Newton One Investments LLC purchased a new position in shares of VanEck Bitcoin Trust ETF during the 1st quarter worth $27,000. VitalStone Financial LLC bought a new position in VanEck Bitcoin Trust ETF in the 2nd quarter worth $58,000. Larson Financial Group LLC purchased a new position in VanEck Bitcoin Trust ETF during the first quarter valued at $198,000. Rothschild Investment LLC bought a new stake in VanEck Bitcoin Trust ETF during the second quarter valued at about $204,000. Finally, Synergy Asset Management LLC bought a new position in shares of VanEck Bitcoin Trust ETF in the second quarter worth about $204,000.

VanEck Bitcoin Trust ETF Price Performance

Shares of VanEck Bitcoin Trust ETF stock traded down $0.95 on Wednesday, reaching $75.39. The company had a trading volume of 7,860 shares, compared to its average volume of 291,124. The firm’s 50-day moving average price is $69.52 and its two-hundred day moving average price is $71.50. VanEck Bitcoin Trust ETF has a 1 year low of $43.77 and a 1 year high of $83.36.

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.