Sloy Dahl & Holst LLC Grows Holdings in Valkyrie Bitcoin Strategy ETF $BTF

Sloy Dahl & Holst LLC increased its position in Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) by 34.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 299,210 shares of the company’s stock after acquiring an additional 77,062 shares during the quarter. Valkyrie Bitcoin Strategy ETF comprises approximately 0.5% of Sloy Dahl & Holst LLC’s holdings, making the stock its 20th biggest position. Sloy Dahl & Holst LLC owned about 12.73% of Valkyrie Bitcoin Strategy ETF worth $3,938,000 at the end of the most recent reporting period.

Separately, Larson Financial Group LLC bought a new position in Valkyrie Bitcoin Strategy ETF in the 1st quarter worth approximately $64,000. Institutional investors and hedge funds own 24.94% of the company’s stock.

Valkyrie Bitcoin Strategy ETF Stock Performance

BTF stock opened at $16.03 on Thursday. Valkyrie Bitcoin Strategy ETF has a 1-year low of $8.53 and a 1-year high of $26.25. The business has a 50 day simple moving average of $17.66 and a two-hundred day simple moving average of $14.74.

Valkyrie Bitcoin Strategy ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Thursday, September 18th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, September 18th. This is a positive change from Valkyrie Bitcoin Strategy ETF’s previous quarterly dividend of $0.05.

About Valkyrie Bitcoin Strategy ETF

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.