Blair William & Co. IL Sells 350 Shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Blair William & Co. IL trimmed its holdings in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 0.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,496 shares of the company’s stock after selling 350 shares during the quarter. Blair William & Co. IL’s holdings in Grayscale Bitcoin Trust were worth $5,776,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of GBTC. DHJJ Financial Advisors Ltd. bought a new stake in shares of Grayscale Bitcoin Trust in the 2nd quarter valued at about $26,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in Grayscale Bitcoin Trust during the first quarter valued at approximately $27,000. Global Wealth Strategies & Associates acquired a new stake in Grayscale Bitcoin Trust in the second quarter valued at approximately $27,000. YHB Investment Advisors Inc. acquired a new position in shares of Grayscale Bitcoin Trust during the first quarter worth $28,000. Finally, Toth Financial Advisory Corp purchased a new stake in shares of Grayscale Bitcoin Trust during the 1st quarter valued at $28,000.

Grayscale Bitcoin Trust Price Performance

Shares of GBTC stock opened at $50.03 on Friday. The stock’s fifty day moving average price is $49.88 and its 200 day moving average price is $55.32. Grayscale Bitcoin Trust has a 1-year low of $18.04 and a 1-year high of $65.61. The company has a market cap of $25.55 billion, a price-to-earnings ratio of 2.29 and a beta of 1.25.

About Grayscale Bitcoin Trust

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.