Beaumont Financial Advisors LLC Purchases 47,943 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Beaumont Financial Advisors LLC raised its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 48.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 146,947 shares of the company’s stock after buying an additional 47,943 shares during the period. Beaumont Financial Advisors LLC owned about 0.13% of Grayscale Bitcoin Mini Trust ETF worth $4,407,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in BTC. Millennium Management LLC raised its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 26.7% in the 4th quarter. Millennium Management LLC now owns 3,167,718 shares of the company’s stock worth $122,686,000 after acquiring an additional 667,553 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Grayscale Bitcoin Mini Trust ETF by 157.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,472,684 shares of the company’s stock valued at $57,037,000 after purchasing an additional 900,987 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Grayscale Bitcoin Mini Trust ETF by 20.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,297,393 shares of the company’s stock worth $50,248,000 after purchasing an additional 220,174 shares in the last quarter. Sloy Dahl & Holst LLC increased its holdings in Grayscale Bitcoin Mini Trust ETF by 19.7% during the 4th quarter. Sloy Dahl & Holst LLC now owns 807,296 shares of the company’s stock worth $31,267,000 after purchasing an additional 132,586 shares in the last quarter. Finally, Paragon Advisors LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth approximately $25,913,000. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Price Performance

NYSEARCA BTC opened at $28.72 on Thursday. The business has a fifty day simple moving average of $30.09 and a 200 day simple moving average of $32.55. Grayscale Bitcoin Mini Trust ETF has a 12 month low of $25.65 and a 12 month high of $55.96.

Grayscale Bitcoin Mini Trust ETF Company Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin. BTC was launched on Jul 31, 2024 and is issued by Grayscale.