NewEdge Wealth LLC Takes $289,000 Position in Coinbase Global, Inc. (NASDAQ:COIN)

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NewEdge Wealth LLC bought a new stake in Coinbase Global, Inc. (NASDAQ:COIN) during the 4th quarter, HoldingsChannel reports. The fund bought 1,662 shares of the cryptocurrency exchange’s stock, valued at approximately $289,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Barrett & Company Inc. purchased a new stake in Coinbase Global during the fourth quarter worth about $26,000. Ancora Advisors LLC boosted its holdings in Coinbase Global by 144.0% during the fourth quarter. Ancora Advisors LLC now owns 737 shares of the cryptocurrency exchange’s stock worth $26,000 after buying an additional 435 shares in the last quarter. Tyler Stone Wealth Management purchased a new stake in Coinbase Global during the second quarter worth about $31,000. AlphaMark Advisors LLC purchased a new stake in Coinbase Global during…

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