Voyager Acquisition Corp. $VACH Stake Lifted by Westchester Capital Management LLC

Key Points

• Westchester Capital Management LLC increased its stake in Voyager Acquisition Corp. by 68.3%, owning approximately 1.26 million shares valued at about $12.85 million.
• Several hedge funds, including Berkley W R Corp and AQR Arbitrage LLC, have also acquired new stakes in Voyager Acquisition during the fourth quarter, indicating growing institutional interest.
• As of now, Voyager Acquisition stock is priced at $10.42, with a 52-week range between $9.95 and $11.20.

Westchester Capital Management LLC lifted its holdings in shares of Voyager Acquisition Corp. (NASDAQ:VACH - Free Report) by 68.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,261,894 shares of the company's stock after purchasing an additional 511,894 shares during the quarter. Voyager Acquisition comprises about 0.7% of Westchester Capital Management LLC's investment portfolio, making the stock its 28th biggest position. Westchester Capital Management LLC owned about 3.99% of Voyager Acquisition worth $12,846,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in VACH. Tidal Investments LLC acquired a new stake in shares of Voyager Acquisition during the fourth quarter worth $138,000. Schonfeld Strategic Advisors LLC purchased a new position in Voyager Acquisition in the fourth quarter valued at about $1,004,000. Whitebox Advisors LLC purchased a new stake in Voyager Acquisition during the 4th quarter worth approximately $1,503,000. Millennium Management LLC purchased a new stake in Voyager Acquisition during the 4th quarter worth approximately $2,204,000. Finally, MMCAP International Inc. SPC purchased a new stake in Voyager Acquisition during the 1st quarter worth approximately $2,545,000.

Voyager Acquisition Price Performance

Shares of VACH traded up $0.01 during mid-day trading on Thursday, hitting $10.42. The stock had a trading volume of 2,665 shares, compared to its average volume of 7,646. The company's fifty day simple moving average is $10.40 and its two-hundred day simple moving average is $10.30. Voyager Acquisition Corp. has a fifty-two week low of $9.95 and a fifty-two week high of $11.20.

Voyager Acquisition Profile

Voyager Acquisition Corp. is a blank check company. It formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Voyager Acquisition Corp. is based in BROOKLYN, N.Y.