Global Retirement Partners LLC Raises Stock Holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Global Retirement Partners LLC boosted its position in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 5.9% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 69,401 shares of the company’s stock after acquiring an additional 3,858 shares during the quarter. Global Retirement Partners LLC’s holdings in Grayscale Bitcoin Trust were worth $3,505,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Cornerstone Wealth Management LLC lifted its holdings in shares of Grayscale Bitcoin Trust by 6.7% during the third quarter. Cornerstone Wealth Management LLC now owns 4,100 shares of the company’s stock worth $207,000 after purchasing an additional 257 shares during the period. Sound Income Strategies LLC raised its position in Grayscale Bitcoin Trust by 6.3% during the 3rd quarter. Sound Income Strategies LLC now owns 4,651 shares of the company’s stock worth $235,000 after buying an additional 276 shares during the last quarter. SJS Investment Consulting Inc. lifted its stake in Grayscale Bitcoin Trust by 1.1% during the 2nd quarter. SJS Investment Consulting Inc. now owns 27,453 shares of the company’s stock valued at $1,462,000 after acquiring an additional 300 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of Grayscale Bitcoin Trust by 5.2% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,842 shares of the company’s stock valued at $346,000 after acquiring an additional 340 shares during the last quarter. Finally, Horizon Wealth Management LLC increased its stake in shares of Grayscale Bitcoin Trust by 9.1% in the second quarter. Horizon Wealth Management LLC now owns 4,115 shares of the company’s stock worth $219,000 after acquiring an additional 343 shares during the period.

Grayscale Bitcoin Trust Price Performance

Shares of Grayscale Bitcoin Trust stock opened at $53.16 on Friday. The stock has a market cap of $27.15 billion, a PE ratio of 2.29 and a beta of 1.25. The firm has a fifty day moving average price of $48.57 and a 200 day moving average price of $53.95. Grayscale Bitcoin Trust has a 1 year low of $21.92 and a 1 year high of $65.61.

Grayscale Bitcoin Trust Profile

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.