Hartmann Taylor Wealth Management LLC Has $920,000 Stock Holdings in Grayscale Bitcoin Trust ETF $GBTC

Hartmann Taylor Wealth Management LLC boosted its position in shares of Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 448.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,455 shares of the company’s stock after acquiring an additional 11,000 shares during the period. Grayscale Bitcoin Trust ETF makes up approximately 0.6% of Hartmann Taylor Wealth Management LLC’s holdings, making the stock its 29th largest holding. Hartmann Taylor Wealth Management LLC’s holdings in Grayscale Bitcoin Trust ETF were worth $920,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new stake in shares of Grayscale Bitcoin Trust ETF during the fourth quarter valued at approximately $28,000. Root Financial Partners LLC bought a new position in Grayscale Bitcoin Trust ETF in the third quarter worth $29,000. CoreCap Advisors LLC lifted its position in Grayscale Bitcoin Trust ETF by 160.9% in the fourth quarter. CoreCap Advisors LLC now owns 441 shares of the company’s stock worth $30,000 after purchasing an additional 272 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in Grayscale Bitcoin Trust ETF during the second quarter worth $33,000. Finally, Strengthening Families & Communities LLC bought a new stake in Grayscale Bitcoin Trust ETF in the 3rd quarter valued at $33,000.

Grayscale Bitcoin Trust ETF Stock Performance

Shares of GBTC stock opened at $52.76 on Wednesday. The firm has a fifty day moving average of $56.36 and a 200-day moving average of $70.81. The stock has a market cap of $12.70 billion, a price-to-earnings ratio of 2.23 and a beta of 2.40. Grayscale Bitcoin Trust ETF has a 52-week low of $48.56 and a 52-week high of $99.12.

Grayscale Bitcoin Trust ETF Company Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.