Toronto Dominion Bank Buys New Stake in HCM II Acquisition Corp. (NASDAQ:HOND)

Toronto Dominion Bank acquired a new stake in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 31,687 shares of the company's stock, valued at approximately $318,000. Toronto Dominion Bank owned about 0.11% of HCM II Acquisition at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HOND. Dakota Wealth Management bought a new stake in HCM II Acquisition in the fourth quarter worth $1,037,000. Deltec Asset Management LLC bought a new stake in shares of HCM II Acquisition in the 4th quarter worth about $1,503,000. Wolverine Asset Management LLC purchased a new position in shares of HCM II Acquisition during the 4th quarter worth about $7,675,000. Picton Mahoney Asset Management bought a new position in HCM II Acquisition during the 4th quarter valued at about $19,840,000. Finally, Periscope Capital Inc. bought a new position in HCM II Acquisition during the 4th quarter valued at about $2,004,000.

HCM II Acquisition Price Performance

HCM II Acquisition stock traded down $0.11 during midday trading on Friday, reaching $11.70. The stock had a trading volume of 96,641 shares, compared to its average volume of 198,392. The stock has a fifty day simple moving average of $10.86. HCM II Acquisition Corp. has a 52-week low of $9.90 and a 52-week high of $12.00.

About HCM II Acquisition

HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.