iShares Bitcoin Trust ETF $IBIT Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 440.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,294 shares of the company’s stock after purchasing an additional 36,916 shares during the period. Vontobel Holding Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $1,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. McIlrath & Eck LLC grew its position in iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP lifted its holdings in shares of iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares during the period. ST Germain D J Co. Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 2.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock worth $400,000 after buying an additional 220 shares during the last quarter. Channel Wealth LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after buying an additional 233 shares during the last quarter. Finally, Retirement Planning Group LLC grew its holdings in iShares Bitcoin Trust ETF by 2.0% during the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after acquiring an additional 245 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.7%

Shares of IBIT stock opened at $35.63 on Friday. The stock has a 50 day moving average of $35.88 and a 200 day moving average of $39.45. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82.

About iShares Bitcoin Trust ETF

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.