Geneos Wealth Management Inc. Takes $2.79 Million Position in VanEck Digital Transformation ETF (NASDAQ:DAPP)

Geneos Wealth Management Inc. bought a new position in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 194,234 shares of the company’s stock, valued at approximately $2,791,000. Geneos Wealth Management Inc. owned 1.50% of VanEck Digital Transformation ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in DAPP. CreativeOne Wealth LLC acquired a new stake in shares of VanEck Digital Transformation ETF in the third quarter valued at $137,000. Banque Cantonale Vaudoise boosted its stake in shares of VanEck Digital Transformation ETF by 13.6% in the 3rd quarter. Banque Cantonale Vaudoise now owns 11,777 shares of the company’s stock valued at $138,000 after buying an additional 1,409 shares during the period. Accel Wealth Management acquired a new position in shares of VanEck Digital Transformation ETF during the fourth quarter worth about $178,000. TCP Asset Management LLC increased its stake in shares of VanEck Digital Transformation ETF by 12.1% during the third quarter. TCP Asset Management LLC now owns 18,543 shares of the company’s stock worth $218,000 after buying an additional 2,000 shares during the period. Finally, Gainplan LLC raised its holdings in VanEck Digital Transformation ETF by 2.2% in the third quarter. Gainplan LLC now owns 86,811 shares of the company’s stock valued at $1,041,000 after acquiring an additional 1,876 shares in the last quarter.

VanEck Digital Transformation ETF Stock Up 1.0 %

NASDAQ DAPP opened at $16.87 on Friday. VanEck Digital Transformation ETF has a 52 week low of $6.92 and a 52 week high of $20.71. The firm has a 50 day moving average of $17.03 and a two-hundred day moving average of $13.94. The stock has a market capitalization of $224.37 million, a PE ratio of 2.89 and a beta of 2.90.

VanEck Digital Transformation ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a dividend of $0.5808 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About VanEck Digital Transformation ETF

The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.