Syntegra Private Wealth Group LLC Invests $909,000 in VanEck Bitcoin ETF $HODL

Syntegra Private Wealth Group LLC acquired a new position in VanEck Bitcoin ETF (BATS:HODL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 36,752 shares of the company’s stock, valued at approximately $909,000.

A number of other institutional investors and hedge funds have also modified their holdings of HODL. Integrated Wealth Concepts LLC lifted its stake in shares of VanEck Bitcoin ETF by 280.7% in the first quarter. Integrated Wealth Concepts LLC now owns 9,250 shares of the company’s stock worth $216,000 after buying an additional 6,820 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of VanEck Bitcoin ETF in the first quarter worth $4,206,000. EverSource Wealth Advisors LLC lifted its stake in shares of VanEck Bitcoin ETF by 185.3% in the second quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after buying an additional 593 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of VanEck Bitcoin ETF by 28.1% in the second quarter. First Trust Advisors LP now owns 180,605 shares of the company’s stock worth $5,503,000 after buying an additional 39,630 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of VanEck Bitcoin ETF by 97.7% in the second quarter. NewEdge Advisors LLC now owns 255,928 shares of the company’s stock worth $7,798,000 after buying an additional 126,483 shares during the last quarter.

VanEck Bitcoin ETF Stock Performance

Shares of VanEck Bitcoin ETF stock opened at $19.01 on Wednesday. The firm has a fifty day simple moving average of $21.10 and a 200-day simple moving average of $22.60. VanEck Bitcoin ETF has a 1-year low of $17.60 and a 1-year high of $35.76.

VanEck Bitcoin 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. HODL was launched on Jan 4, 2024 and is issued by VanEck.