iShares Bitcoin Trust (NASDAQ:IBIT) Shares Sold by VCI Wealth Management LLC

VCI Wealth Management LLC trimmed its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 21.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,416 shares of the company’s stock after selling 30,810 shares during the period. iShares Bitcoin Trust comprises approximately 2.5% of VCI Wealth Management LLC’s holdings, making the stock its 12th largest holding. VCI Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $5,964,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. AlphaMark Advisors LLC raised its position in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after acquiring an additional 200 shares in the last quarter. City Holding Co. raised its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Blue Trust Inc. grew its stake in iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock worth $262,000 after buying an additional 270 shares during the last quarter. Asset Dedication LLC grew its stake in iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after buying an additional 279 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its stake in iShares Bitcoin Trust by 40.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after buying an additional 304 shares during the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $57.85 on Tuesday. The stock has a fifty day moving average price of $55.77 and a 200 day moving average price of $43.45. iShares Bitcoin Trust has a 12 month low of $23.88 and a 12 month high of $61.75.

About iShares Bitcoin Trust

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.