58,753 Shares of Grayscale Ethereum Trust ETF $ETHE Bought by Surience Private Wealth LLC

Surience Private Wealth LLC acquired a new position in Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 58,753 shares of the company’s stock, valued at approximately $1,259,000. Grayscale Ethereum Trust ETF makes up approximately 1.3% of Surience Private Wealth LLC’s investment portfolio, making the stock its 23rd biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Integrated Advisors Network LLC increased its position in shares of Grayscale Ethereum Trust ETF by 142.7% during the 1st quarter. Integrated Advisors Network LLC now owns 358,249 shares of the company’s stock valued at $6,115,000 after purchasing an additional 210,612 shares during the period. Titleist Asset Management LLC raised its position in Grayscale Ethereum Trust ETF by 0.7% during the third quarter. Titleist Asset Management LLC now owns 212,903 shares of the company’s stock valued at $4,563,000 after buying an additional 1,575 shares during the period. Verde Capital Management lifted its position in shares of Grayscale Ethereum Trust ETF by 4.1% in the first quarter. Verde Capital Management now owns 164,312 shares of the company’s stock worth $2,805,000 after purchasing an additional 6,493 shares in the last quarter. TRU Independence Asset Management 2 LLC grew its holdings in shares of Grayscale Ethereum Trust ETF by 44.4% during the 4th quarter. TRU Independence Asset Management 2 LLC now owns 50,917 shares of the company’s stock valued at $1,241,000 after acquiring an additional 15,665 shares in the last quarter. Finally, Aristides Capital LLC raised its stake in shares of Grayscale Ethereum Trust ETF by 12.9% during the 1st quarter. Aristides Capital LLC now owns 50,800 shares of the company’s stock worth $867,000 after purchasing an additional 5,815 shares in the last quarter.

Grayscale Ethereum Trust ETF Trading Down 1.5%

Grayscale Ethereum Trust ETF stock traded down $0.30 during mid-day trading on Friday, hitting $19.34. 2,331,165 shares of the company’s stock were exchanged, compared to its average volume of 3,611,171. The stock has a market cap of $1.83 billion, a P/E ratio of 2.06 and a beta of 2.52. The stock has a 50 day moving average of $19.57 and a two-hundred day moving average of $17.29. Grayscale Ethereum Trust ETF has a 1-year low of $12.36 and a 1-year high of $34.80.

Grayscale Ethereum Trust ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Monday, October 5th were paid a dividend of $0.0320 per share. This is a positive change from Grayscale Ethereum Trust ETF’s previous monthly dividend of $0.0259. This represents a $0.38 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, October 5th.

About Grayscale Ethereum Trust ETF

(Free Report)

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.

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Institutional Ownership by Quarter for Grayscale Ethereum Trust ETF (NYSEARCA:ETHE)

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