CreativeOne Wealth LLC Makes New Investment in Valkyrie Bitcoin Strategy ETF $BTF

CreativeOne Wealth LLC acquired a new stake in shares of Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,845 shares of the company’s stock, valued at approximately $327,000. CreativeOne Wealth LLC owned about 1.06% of Valkyrie Bitcoin Strategy ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Simplex Trading LLC grew its stake in Valkyrie Bitcoin Strategy ETF by 345.3% during the second quarter. Simplex Trading LLC now owns 2,262 shares of the company’s stock valued at $29,000 after acquiring an additional 1,754 shares in the last quarter. Jane Street Group LLC purchased a new stake in Valkyrie Bitcoin Strategy ETF in the 1st quarter worth $207,000. Finally, Sloy Dahl & Holst LLC lifted its stake in Valkyrie Bitcoin Strategy ETF by 34.7% in the 2nd quarter. Sloy Dahl & Holst LLC now owns 299,210 shares of the company’s stock worth $3,938,000 after purchasing an additional 77,062 shares in the last quarter. Hedge funds and other institutional investors own 24.94% of the company’s stock.

Valkyrie Bitcoin Strategy ETF Price Performance

BTF opened at $13.12 on Monday. Valkyrie Bitcoin Strategy ETF has a 52 week low of $8.53 and a 52 week high of $26.25. The firm has a 50-day simple moving average of $15.82 and a two-hundred day simple moving average of $15.62.

Valkyrie Bitcoin Strategy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Thursday, September 18th were issued a dividend of $0.06 per share. The ex-dividend date was Thursday, September 18th. This represents a $0.24 annualized dividend and a yield of 1.8%. This is a boost from Valkyrie Bitcoin Strategy ETF’s previous quarterly dividend of $0.05.

Valkyrie Bitcoin Strategy ETF Profile

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.