Berger Financial Group Inc Increases Holdings in VanEck Bitcoin ETF $HODL

Berger Financial Group Inc lifted its position in VanEck Bitcoin ETF (BATS:HODL) by 26.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 858,524 shares of the company’s stock after purchasing an additional 177,369 shares during the quarter. VanEck Bitcoin ETF comprises 0.9% of Berger Financial Group Inc’s holdings, making the stock its 21st largest position. Berger Financial Group Inc’s holdings in VanEck Bitcoin ETF were worth $16,449,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HODL. Wells Fargo & Company MN boosted its position in VanEck Bitcoin ETF by 100,000.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,001 shares of the company’s stock valued at $25,000 after buying an additional 1,000 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in VanEck Bitcoin ETF by 185.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after buying an additional 593 shares during the last quarter. Wilkerson Advisory Group LLC purchased a new position in VanEck Bitcoin ETF during the 4th quarter worth approximately $34,000. Bogart Wealth LLC acquired a new stake in VanEck Bitcoin ETF during the 4th quarter valued at approximately $42,000. Finally, Highline Wealth Partners LLC acquired a new stake in VanEck Bitcoin ETF during the 4th quarter valued at approximately $62,000.

VanEck Bitcoin ETF Price Performance

HODL stock opened at $17.37 on Friday. The firm’s fifty day simple moving average is $19.89 and its 200-day simple moving average is $21.24. VanEck Bitcoin ETF has a 12 month low of $16.40 and a 12 month high of $35.76.

About VanEck Bitcoin ETF

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.