TCP Asset Management LLC Has $276,000 Holdings in VanEck Digital Transformation ETF (NASDAQ:DAPP)

TCP Asset Management LLC boosted its stake in VanEck Digital Transformation ETF (NASDAQ:DAPP) by 3.7% in the fourth quarter, HoldingsChannel reports. The firm owned 19,226 shares of the company’s stock after acquiring an additional 683 shares during the period. TCP Asset Management LLC’s holdings in VanEck Digital Transformation ETF were worth $276,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DAPP. Gainplan LLC grew its position in shares of VanEck Digital Transformation ETF by 2.2% during the 3rd quarter. Gainplan LLC now owns 86,811 shares of the company’s stock worth $1,041,000 after buying an additional 1,876 shares during the period. Banque Cantonale Vaudoise boosted its stake in VanEck Digital Transformation ETF by 13.6% during the 3rd quarter. Banque Cantonale Vaudoise now owns 11,777 shares of the company’s stock worth $138,000 after acquiring an additional 1,409 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in VanEck Digital Transformation ETF during the third quarter valued at approximately $137,000. Flow Traders U.S. LLC increased its stake in VanEck Digital Transformation ETF by 844.5% in the third quarter. Flow Traders U.S. LLC now owns 298,318 shares of the company’s stock valued at $3,508,000 after purchasing an additional 266,734 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in VanEck Digital Transformation ETF by 1,134.9% in the third quarter. Jane Street Group LLC now owns 533,518 shares of the company’s stock worth $6,274,000 after purchasing an additional 490,316 shares during the period.

VanEck Digital Transformation ETF Stock Up 3.8 %

Shares of DAPP stock opened at $16.76 on Friday. VanEck Digital Transformation ETF has a 12-month low of $6.91 and a 12-month high of $20.71. The firm has a fifty day moving average of $17.12 and a 200-day moving average of $13.79. The firm has a market capitalization of $215.87 million, a price-to-earnings ratio of 2.89 and a beta of 2.90.

VanEck Digital Transformation ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $0.5808 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Digital Transformation ETF Company 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.