Guggenheim Capital LLC raised its position in MSD Acquisition Corp. (NASDAQ:MSDA – Get Rating) by 8.5% during the first quarter, HoldingsChannel.com reports. The firm owned 2,757,250 shares of the company's stock after buying an additional 215,098 shares during the quarter. Guggenheim Capital LLC's holdings in MSD Acquisition were worth $27,075,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Rivernorth Capital Management LLC grew its stake in MSD Acquisition by 267.7% in the first quarter. Rivernorth Capital Management LLC now owns 275,757 shares of the company's stock valued at $2,702,000 after purchasing an additional 200,757 shares in the last quarter. RP Investment Advisors LP purchased a new position in MSD Acquisition in the first quarter valued at about $4,050,000. Prelude Capital Management LLC purchased a new position in MSD Acquisition in the first quarter valued at about $588,000. UBS Group AG boosted its stake in shares of MSD Acquisition by 304,500.0% during the 1st quarter. UBS Group AG now owns 12,184 shares of the company's stock worth $119,000 after acquiring an additional 12,180 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of MSD Acquisition by 2.0% during the 1st quarter. Hsbc Holdings PLC now owns 2,087,914 shares of the company's stock worth $20,524,000 after acquiring an additional 40,751 shares in the last quarter. Hedge funds and other institutional investors own 52.53% of the company's stock.

MSD Acquisition Stock Performance

MSDA opened at $9.87 on Tuesday. The stock has a 50-day moving average of $9.84 and a 200-day moving average of $9.81. MSD Acquisition Corp. has a 52-week low of $9.68 and a 52-week high of $10.17.

MSD Acquisition Profile

MSD Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology and media sectors. The company was incorporated in 2021 and is based in New York, New York.

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