Toronto Dominion Bank Acquires Shares of 240,000 Trailblazer Merger Co. I (NASDAQ:TBMC)

Toronto Dominion Bank acquired a new position in Trailblazer Merger Co. I (NASDAQ:TBMC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 240,000 shares of the company's stock, valued at approximately $2,671,000. Toronto Dominion Bank owned about 5.33% of Trailblazer Merger Co. I as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of TBMC. Wolverine Asset Management LLC grew its position in Trailblazer Merger Co. I by 32,752.0% during the 4th 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 during the last quarter. Harraden Circle Investments LLC purchased a new stake in Trailblazer Merger Co. I during the 4th quarter worth approximately $2,426,000. Finally, Boothbay Fund Management LLC purchased a new stake in Trailblazer Merger Co. I during the 4th quarter worth approximately $2,482,000. Hedge funds and other institutional investors own 77.13% of the company's stock.

Trailblazer Merger Co. I Stock Performance

NASDAQ TBMC traded up $0.02 on Wednesday, hitting $11.86. 5,534 shares of the company's stock traded hands, compared to its average volume of 23,555. Trailblazer Merger Co. I has a 1-year low of $10.78 and a 1-year high of $12.89. The firm's 50-day moving average price is $11.56 and its two-hundred day moving average price is $11.30.

Trailblazer Merger Co. I Company 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.