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Rehmann Capital Advisory Group Purchases 38,003 Shares of Grayscale Digital Large Cap Fund LLC $GDLC

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Key Points

  • Rehmann Capital Advisory Group increased its GDLC position by 35% in the second quarter, purchasing 38,003 additional shares for a total of 146,490 shares valued at approximately $3.87 million.
  • Several other institutional investors also initiated or expanded positions in Grayscale Digital Large Cap Fund, including CWM LLC, which raised its holdings by 40.7%.
  • GDLC opened at $36.10, compared with a 52-week range of $25.97 to $61.89. The fund provides diversified exposure to large-cap cryptocurrencies such as Bitcoin and Ethereum through a publicly traded vehicle.
  • MarketBeat previews top five stocks to own in October.

Rehmann Capital Advisory Group grew its position in Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC - Free Report) by 35.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 146,490 shares of the company's stock after buying an additional 38,003 shares during the quarter. Rehmann Capital Advisory Group owned 1.19% of Grayscale Digital Large Cap Fund worth $3,870,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE purchased a new position in shares of Grayscale Digital Large Cap Fund during the third quarter valued at $35,000. Advisory Services Network LLC purchased a new stake in Grayscale Digital Large Cap Fund in the third quarter worth about $73,000. Legacy Wealth Managment LLC ID bought a new position in Grayscale Digital Large Cap Fund during the 4th quarter worth about $68,000. CWM LLC grew its holdings in Grayscale Digital Large Cap Fund by 40.7% during the 4th quarter. CWM LLC now owns 1,710 shares of the company's stock worth $71,000 after acquiring an additional 495 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in Grayscale Digital Large Cap Fund during the 4th quarter worth about $73,000.

Grayscale Digital Large Cap Fund Price Performance

OTCMKTS GDLC opened at $36.10 on Tuesday. Grayscale Digital Large Cap Fund LLC has a one year low of $25.97 and a one year high of $61.89. The company's 50-day simple moving average is $29.69 and its two-hundred day simple moving average is $31.37.

Grayscale Digital Large Cap Fund Company Profile

(Free Report)

Grayscale Digital Large Cap Fund OTCMKTS: GDLC is a digital asset investment vehicle designed to offer investors diversified exposure to large-cap cryptocurrencies through a single, publicly traded instrument. Managed by Grayscale Investments, the fund seeks to track a market-capitalization-weighted index of leading digital assets, providing access to a basket of prominent tokens such as Bitcoin, Ethereum and other top-tier digital currencies. Shares of the fund are traded over the counter, allowing both institutional and individual investors to gain regulated exposure to the crypto asset class without directly holding underlying tokens.

As an open-end grantor trust, GDLC acquires and securely stores its portfolio of digital assets on behalf of shareholders, leveraging custodial arrangements and institutional-grade security protocols.

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Institutional Ownership by Quarter for Grayscale Digital Large Cap Fund (OTCMKTS:GDLC)

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