Berkley W R Corp acquired a new position in shares of Trailblazer Merger Co. I (NASDAQ:TBMC – Free Report) during the 1st quarter, Holdings Channel.com reports. The firm acquired 160,042 shares of the company’s stock, valued at approximately $1,701,000.
Several other large investors have also recently added to or reduced their stakes in TBMC. Condor Capital Management bought a new stake in Trailblazer Merger Co. I in the fourth quarter valued at $119,000. Mizuho Securities USA LLC bought a new stake in Trailblazer Merger Co. I in the first quarter valued at $336,000. Robinson Capital Management LLC lifted its stake in Trailblazer Merger Co. I by 16.5% in the fourth quarter. Robinson Capital Management LLC now owns 38,658 shares of the company’s stock valued at $404,000 after buying an additional 5,470 shares during the last quarter. Karpus Management Inc. lifted its stake in Trailblazer Merger Co. I by 18.8% in the fourth quarter. Karpus Management Inc. now owns 132,750 shares of the company’s stock valued at $1,389,000 after buying an additional 21,000 shares during the last quarter. Finally, Kim LLC lifted its stake in Trailblazer Merger Co. I by 18.2% in the fourth quarter. Kim LLC now owns 325,000 shares of the company’s stock valued at $3,400,000 after buying an additional 50,000 shares during the last quarter. 77.13% of the stock is currently owned by institutional investors.
Trailblazer Merger Co. I Stock Performance
TBMC stock traded up $0.03 during mid-day trading on Monday, reaching $10.88. The company had a trading volume of 127 shares, compared to its average volume of 23,171. Trailblazer Merger Co. I has a one year low of $10.24 and a one year high of $11.60. The stock’s 50-day simple moving average is $10.81 and its two-hundred day simple moving average is $10.68.
Trailblazer Merger Co. I Profile
Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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