Verition Fund Management LLC acquired a new position in shares of Colombier Acquisition Corp. (NYSE:CLBR – Get Rating) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 112,942 shares of the company's stock, valued at approximately $1,089,000. Verition Fund Management LLC owned 0.52% of Colombier Acquisition at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CLBR. Karpus Management Inc. acquired a new position in Colombier Acquisition during the second quarter worth $217,000. Piper Sandler & CO. acquired a new stake in Colombier Acquisition in the first quarter valued at $242,000. Landscape Capital Management L.L.C. grew its holdings in Colombier Acquisition by 7.4% in the first quarter. Landscape Capital Management L.L.C. now owns 25,557 shares of the company's stock valued at $247,000 after purchasing an additional 1,759 shares during the last quarter. Centiva Capital LP acquired a new stake in Colombier Acquisition in the second quarter valued at $275,000. Finally, Saba Capital Management L.P. acquired a new stake in Colombier Acquisition in the first quarter valued at $2,255,000. Institutional investors and hedge funds own 60.96% of the company's stock.

Colombier Acquisition Price Performance

Colombier Acquisition stock opened at $9.90 on Wednesday. Colombier Acquisition Corp. has a fifty-two week low of $9.59 and a fifty-two week high of $9.98. The stock's fifty day moving average is $9.84 and its two-hundred day moving average is $9.77.

About Colombier Acquisition

Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.

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