Northwestern Mutual Wealth Management Co. Purchases New Shares in VanEck Bitcoin ETF $HODL

Northwestern Mutual Wealth Management Co. purchased a new stake in VanEck Bitcoin ETF (BATS:HODL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 230,420 shares of the company’s stock, valued at approximately $5,698,000. Northwestern Mutual Wealth Management Co. owned approximately 0.36% of VanEck Bitcoin ETF as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Addison Capital Co bought a new stake in VanEck Bitcoin ETF in the fourth quarter valued at $2,749,000. Assetmark Inc. lifted its position in VanEck Bitcoin ETF by 180.9% during the third quarter. Assetmark Inc. now owns 321,988 shares of the company’s stock valued at $10,423,000 after buying an additional 207,350 shares during the period. Berger Financial Group Inc lifted its position in VanEck Bitcoin ETF by 5.7% during the fourth quarter. Berger Financial Group Inc now owns 681,155 shares of the company’s stock valued at $16,845,000 after buying an additional 36,859 shares during the period. Stratos Wealth Partners LTD. purchased a new position in VanEck Bitcoin ETF during the fourth quarter valued at $932,000. Finally, Bouchey Financial Group Ltd purchased a new position in VanEck Bitcoin ETF during the fourth quarter valued at $16,987,000.

VanEck Bitcoin ETF Price Performance

Shares of VanEck Bitcoin ETF stock opened at $18.48 on Thursday. The business has a fifty day simple moving average of $21.05 and a two-hundred day simple moving average of $22.46. VanEck Bitcoin ETF has a 12 month low of $17.60 and a 12 month 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.