Gould Capital LLC Buys New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Gould Capital LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 20,478 shares of the company’s stock, valued at approximately $740,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IBIT. Asset Dedication LLC boosted its stake in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its position in shares of iShares Bitcoin Trust by 40.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after purchasing an additional 304 shares in the last quarter. Bfsg LLC boosted its position in shares of iShares Bitcoin Trust by 34.7% during the 2nd quarter. Bfsg LLC now owns 1,360 shares of the company’s stock worth $46,000 after purchasing an additional 350 shares in the last quarter. Doliver Advisors LP increased its position in iShares Bitcoin Trust by 4.9% in the 3rd quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after buying an additional 350 shares in the last quarter. Finally, Summit Global Investments raised its stake in iShares Bitcoin Trust by 3.3% during the 3rd quarter. Summit Global Investments now owns 11,214 shares of the company’s stock worth $405,000 after buying an additional 355 shares during the period.

iShares Bitcoin Trust Trading Down 5.3 %

Shares of NASDAQ:IBIT opened at $54.73 on Tuesday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $59.16. The business’s 50 day simple moving average is $44.76 and its two-hundred day simple moving average is $38.81.

iShares Bitcoin Trust Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.