Handelsbanken Fonder AB Boosts Stake in Coinbase Global

Handelsbanken Fonder AB has increased its stake in Coinbase Global by 31.6% in the fourth quarter, purchasing an additional 18,568 shares worth $17,493,000. The institutional investor now owns 77,354 shares of the cryptocurrency exchange's stock.

This move comes amidst a range of changes to positions in Coinbase Global among other institutional investors and hedge funds. Vanguard Group Inc., for instance, increased its stake by 0.7% during the fourth quarter, while Northern Trust Corp and Legal & General Group Plc also made notable adjustments to their holdings.