Heritage Family Offices LLP Buys Shares of 15,335 iShares Bitcoin Trust (NASDAQ:IBIT)

Heritage Family Offices LLP bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,335 shares of the company’s stock, valued at approximately $814,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IBIT. Asset Dedication LLC boosted its holdings in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after acquiring an additional 279 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its position in iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after purchasing an additional 304 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Bitcoin Trust by 0.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock valued at $4,713,000 after purchasing an additional 320 shares in the last quarter. Doliver Advisors LP boosted its stake in shares of iShares Bitcoin Trust by 4.9% during the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after purchasing an additional 350 shares in the last quarter. Finally, Summit Global Investments grew its holdings in shares of iShares Bitcoin Trust by 3.3% during the third quarter. Summit Global Investments now owns 11,214 shares of the company’s stock worth $405,000 after purchasing an additional 355 shares during the last quarter.

iShares Bitcoin Trust Trading Up 3.3 %

Shares of NASDAQ IBIT opened at $56.64 on Thursday. The company has a 50 day simple moving average of $54.29 and a 200 day simple moving average of $42.14. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $61.75.

About iShares Bitcoin Trust

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.