Walkner Condon Financial Advisors LLC Reduces Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Walkner Condon Financial Advisors LLC cut its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 3.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,898 shares of the company’s stock after selling 400 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in iShares Bitcoin Trust were worth $631,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Union Savings Bank bought a new stake in iShares Bitcoin Trust in the fourth quarter worth $25,000. City Holding Co. raised its stake in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the period. Stephens Consulting LLC lifted its holdings in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Crewe Advisors LLC boosted its stake in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after purchasing an additional 302 shares during the period. Finally, Asset Dedication LLC raised its position in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the period.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $54.74 on Friday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The firm has a 50-day simple moving average of $56.33 and a two-hundred day simple moving average of $45.22.

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.