VSM Wealth Advisory LLC Takes $96,000 Position in iShares Bitcoin Trust ETF $IBIT

VSM Wealth Advisory LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,576 shares of the company’s stock, valued at approximately $96,000.

A number of other institutional investors also recently bought and sold shares of the company. Signature Resources Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 81.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. TD Capital Management LLC raised its position in shares of iShares Bitcoin Trust ETF by 48.9% during the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after buying an additional 209 shares during the period. RMG Wealth Management LLC acquired a new position in iShares Bitcoin Trust ETF in the second quarter valued at approximately $30,000. JFS Wealth Advisors LLC grew its position in iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after acquiring an additional 447 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in iShares Bitcoin Trust ETF by 261.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 730 shares of the company’s stock worth $34,000 after acquiring an additional 528 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $52.66 on Wednesday. iShares Bitcoin Trust ETF has a 52 week low of $42.98 and a 52 week high of $71.82. The stock’s fifty day moving average is $62.95 and its two-hundred day moving average is $62.76.

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.