160,042 Shares in Trailblazer Merger Co. I (NASDAQ:TBMC) Acquired by Berkley W R Corp

Berkley W R Corp acquired a new position in shares of Trailblazer Merger Co. I (NASDAQ:TBMC) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 160,042 shares of the company’s stock, valued at approximately $1,701,000. Berkley W R Corp owned 1.77% of Trailblazer Merger Co. I at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bulldog Investors LLP lifted its holdings in Trailblazer Merger Co. I by 93.6% in the 4th quarter. Bulldog Investors LLP now owns 462,755 shares of the company’s stock valued at $4,817,000 after purchasing an additional 223,704 shares in the last quarter. Cowen AND Company LLC increased its position in shares of Trailblazer Merger Co. I by 108.8% during the 4th quarter. Cowen AND Company LLC now owns 394,234 shares of the company’s stock worth $4,124,000 after purchasing an additional 205,380 shares during the last quarter. Karpus Management Inc. increased its position in shares of Trailblazer Merger Co. I by 95.6% during the 1st quarter. Karpus Management Inc. now owns 259,645 shares of the company’s stock worth $2,747,000 after purchasing an additional 126,895 shares during the last quarter. Kim LLC grew its position in Trailblazer Merger Co. I by 18.2% in the 4th quarter. Kim LLC now owns 325,000 shares of the company’s stock valued at $3,400,000 after acquiring an additional 50,000 shares in the last quarter. Finally, Mizuho Securities USA LLC acquired a new position in Trailblazer Merger Co. I in the 1st quarter valued at about $336,000. Institutional investors and hedge funds own 77.13% of the company’s stock.

Trailblazer Merger Co. I Stock Performance

Shares of Trailblazer Merger Co. I stock traded up $0.03 on Monday, reaching $10.88. 127 shares of the company were exchanged, compared to its average volume of 23,171. Trailblazer Merger Co. I has a 1-year low of $10.24 and a 1-year high of $11.60. The stock’s 50 day moving average price is $10.81 and its 200-day moving average price is $10.68.

Trailblazer Merger Co. I Profile

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.