Main Street Financial Solutions LLC Decreases Stake in VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Main Street Financial Solutions LLC reduced its holdings in VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 5.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,777 shares of the company’s stock after selling 584 shares during the period. Main Street Financial Solutions LLC’s holdings in VanEck Bitcoin Trust ETF were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Newton One Investments LLC purchased a new position in VanEck Bitcoin Trust ETF during the first quarter worth about $27,000. Commonwealth Equity Services LLC raised its stake in VanEck Bitcoin Trust ETF by 18.6% during the second quarter. Commonwealth Equity Services LLC now owns 3,408 shares of the company’s stock worth $231,000 after purchasing an additional 535 shares during the period. VitalStone Financial LLC purchased a new position in VanEck Bitcoin Trust ETF during the second quarter worth about $58,000. Larson Financial Group LLC purchased a new position in VanEck Bitcoin Trust ETF during the first quarter worth about $198,000. Finally, Brookstone Capital Management raised its stake in VanEck Bitcoin Trust ETF by 66.7% during the second quarter. Brookstone Capital Management now owns 6,830 shares of the company’s stock worth $500,000 after purchasing an additional 2,733 shares during the period.

VanEck Bitcoin Trust ETF Stock Up 2.4 %

Shares of HODL stock opened at $67.63 on Friday. VanEck Bitcoin Trust ETF has a 12 month low of $43.77 and a 12 month high of $83.36. The firm’s 50-day moving average is $68.56 and its two-hundred day moving average is $72.34.

VanEck Bitcoin Trust ETF 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.