Berkley W R Corp Reduces Stock Holdings in Trailblazer Merger Co. I (NASDAQ:TBMC)

Berkley W R Corp reduced its position in Trailblazer Merger Co. I (NASDAQ:TBMC - Free Report) by 53.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,817 shares of the company's stock after selling 238,958 shares during the period. Berkley W R Corp owned about 4.57% of Trailblazer Merger Co. I worth $2,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Wolverine Asset Management LLC boosted its position in Trailblazer Merger Co. I by 32,752.0% during the fourth quarter. Wolverine Asset Management LLC now owns 131,408 shares of the company's stock worth $1,463,000 after purchasing an additional 131,008 shares in the last quarter. Harraden Circle Investments LLC acquired a new position in shares of Trailblazer Merger Co. I during the 4th quarter worth approximately $2,426,000. Finally, Boothbay Fund Management LLC purchased a new position in shares of Trailblazer Merger Co. I during the 4th quarter valued at approximately $2,482,000. 77.13% of the stock is owned by hedge funds and other institutional investors.

Trailblazer Merger Co. I Price Performance

NASDAQ TBMC traded up $0.12 on Friday, hitting $11.82. The company had a trading volume of 2,513 shares, compared to its average volume of 19,435. The company's fifty day moving average price is $11.38 and its 200-day moving average price is $11.21. Trailblazer Merger Co. I has a 12-month low of $10.72 and a 12-month high of $12.89.

Trailblazer Merger Co. I Profile

Trailblazer Merger Corp. I is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination. The company was founded on November 12, 2021 and is headquartered in New York, NY.