LPL Financial LLC Buys 175,390 Shares of VanEck Digital Transformation ETF (NASDAQ:DAPP)

LPL Financial LLC lifted its stake in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) by 27.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 822,264 shares of the company’s stock after buying an additional 175,390 shares during the quarter. LPL Financial LLC owned about 5.92% of VanEck Digital Transformation ETF worth $11,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Golden State Wealth Management LLC purchased a new stake in shares of VanEck Digital Transformation ETF in the 4th quarter worth about $60,000. CreativeOne Wealth LLC purchased a new stake in VanEck Digital Transformation ETF in the third quarter worth about $137,000. Flagship Harbor Advisors LLC bought a new position in shares of VanEck Digital Transformation ETF during the fourth quarter valued at approximately $150,000. Accel Wealth Management purchased a new position in shares of VanEck Digital Transformation ETF during the fourth quarter valued at approximately $178,000. Finally, Balboa Wealth Partners bought a new stake in shares of VanEck Digital Transformation ETF in the 4th quarter worth approximately $270,000.

VanEck Digital Transformation ETF Stock Up 3.8 %

DAPP stock opened at $9.92 on Thursday. The business has a 50 day moving average of $12.60 and a 200 day moving average of $14.27. The firm has a market cap of $137.89 million, a PE ratio of 2.89 and a beta of 2.90. VanEck Digital Transformation ETF has a twelve month low of $8.36 and a twelve month high of $20.71.

VanEck Digital Transformation ETF Profile

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.