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Allworth Financial LP Boosts Holdings in Coinbase Global by 210%

Guavy AI Editorial Team
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Asset management firm Allworth Financial LP significantly increased its holdings in Coinbase Global Inc. (NASDAQ: COIN) by 210.2% during the second quarter, according to a recent SEC filing.

Allworth Financial LP acquired an additional 7,905 shares of Coinbase Global's stock, bringing its total holdings to 11,666 shares valued at $1,705,000 as of its most recent SEC filing.

This is not an isolated instance; other hedge funds have also recently added or reduced their stakes in the company. Palisade Asset Management LLC acquired a new position in Coinbase Global's shares during the third quarter, worth $29,000.

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