SVB Wealth LLC acquired a new position in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 22,238 shares of the company’s stock, valued at approximately $770,000.
Other institutional investors have also modified their holdings of the company. Canton Hathaway LLC purchased a new stake in Grayscale Bitcoin Trust in the 4th quarter valued at $942,000. Next Capital Management LLC purchased a new stake in Grayscale Bitcoin Trust in the 4th quarter valued at $670,000. Equitable Trust Co. purchased a new stake in Grayscale Bitcoin Trust in the 4th quarter valued at $203,000. Finally, Winch Advisory Services LLC purchased a new stake in Grayscale Bitcoin Trust in the 4th quarter valued at $66,000.
Grayscale Bitcoin Trust Price Performance
Shares of GBTC opened at $57.32 on Friday. The company’s fifty day moving average is $56.64 and its two-hundred day moving average is $42.43. Grayscale Bitcoin Trust has a 1 year low of $12.86 and a 1 year high of $65.61.
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