iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Asset Dedication LLC

Asset Dedication LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 73.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,408 shares of the company’s stock after acquiring an additional 597 shares during the quarter. Asset Dedication LLC’s holdings in iShares Bitcoin Trust were worth $75,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth $323,337,000. Horizon Kinetics Asset Management LLC raised its holdings in shares of iShares Bitcoin Trust by 11.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after buying an additional 85,763 shares during the last quarter. Parallax Volatility Advisers L.P. boosted its stake in shares of iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after buying an additional 370,000 shares during the period. Clear Street Derivatives LLC purchased a new position in shares of iShares Bitcoin Trust during the third quarter worth about $23,686,000. Finally, LMR Partners LLP grew its holdings in shares of iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after buying an additional 490,000 shares during the last quarter.

iShares Bitcoin Trust Stock Up 0.6 %

IBIT opened at $59.72 on Friday. iShares Bitcoin Trust has a 52 week low of $24.13 and a 52 week high of $61.75. The business has a 50 day moving average price of $56.09 and a two-hundred day moving average price of $43.91.

iShares Bitcoin Trust Company 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.