TrueMark Investments LLC Reduces Stock Position in Trailblazer Merger Co. I (NASDAQ:TBMC)

TrueMark Investments LLC lessened its position in shares of Trailblazer Merger Co. I (NASDAQ:TBMC) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,088 shares of the company’s stock after selling 2,934 shares during the quarter. TrueMark Investments LLC’s holdings in Trailblazer Merger Co. I were worth $203,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Bulldog Investors LLP lifted its holdings in shares of 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 buying an additional 223,704 shares during the period. Karpus Management Inc. lifted its holdings in shares of Trailblazer Merger Co. I by 18.8% in the 4th quarter. Karpus Management Inc. now owns 132,750 shares of the company’s stock valued at $1,389,000 after buying an additional 21,000 shares during the period. Condor Capital Management acquired a new position in shares of Trailblazer Merger Co. I in the 4th quarter valued at about $119,000. Kim LLC lifted its holdings in shares of 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 buying an additional 50,000 shares during the period. Finally, Cowen AND Company LLC lifted its holdings in shares of Trailblazer Merger Co. I by 108.8% in the 4th quarter. Cowen AND Company LLC now owns 394,234 shares of the company’s stock valued at $4,124,000 after buying an additional 205,380 shares during the period. Hedge funds and other institutional investors own 77.13% of the company’s stock.

Trailblazer Merger Co. I Stock Performance

Shares of TBMC stock traded down $0.04 on Tuesday, hitting $10.78. The company had a trading volume of 105 shares, compared to its average volume of 21,163. The company has a 50-day moving average price of $10.78 and a 200-day moving average price of $10.61. Trailblazer Merger Co. I has a twelve month low of $10.18 and a twelve month high of $11.60.

Trailblazer Merger Co. I Company 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.