Toronto Dominion Bank Purchases New Position in Trailblazer Merger Co. I (NASDAQ:TBMC)

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

A number of other hedge funds have also recently made changes to their positions in the business. Wolverine Asset Management LLC boosted its stake in shares of Trailblazer Merger Co. I by 32,752.0% in the fourth quarter. Wolverine Asset Management LLC now owns 131,408 shares of the company's stock worth $1,463,000 after acquiring an additional 131,008 shares during the period. Harraden Circle Investments LLC bought a new position in Trailblazer Merger Co. I during the fourth quarter valued at approximately $2,426,000. Finally, Boothbay Fund Management LLC bought a new position in Trailblazer Merger Co. I during the fourth quarter valued at approximately $2,482,000. Institutional investors own 77.13% of the company's stock.

Trailblazer Merger Co. I Price Performance

Trailblazer Merger Co. I stock traded up $0.02 during midday trading on Wednesday, reaching $11.76. 19,476 shares of the stock traded hands, compared to its average volume of 24,622. The stock's fifty day moving average is $11.61 and its 200-day moving average is $11.32. Trailblazer Merger Co. I has a 12 month low of $10.78 and a 12 month high of $12.89.

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.