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Toronto Dominion Bank Buys 216,078 Shares of Trine II Acquisition Corp. (NYSE:TRAQ)

Defense World ·  Nov 25, 2022 07:01

Toronto Dominion Bank lifted its position in Trine II Acquisition Corp. (NYSE:TRAQ – Get Rating) by 108.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 416,078 shares of the company's stock after purchasing an additional 216,078 shares during the period. Toronto Dominion Bank owned about 0.80% of Trine II Acquisition worth $4,135,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada bought a new position in Trine II Acquisition during the 1st quarter valued at approximately $2,997,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Trine II Acquisition during the first quarter valued at approximately $498,000. Picton Mahoney Asset Management purchased a new stake in Trine II Acquisition in the first quarter worth $5,988,000. Finally, Karpus Management Inc. bought a new stake in Trine II Acquisition in the first quarter valued at $2,488,000. 54.55% of the stock is owned by hedge funds and other institutional investors.

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Trine II Acquisition Price Performance

Shares of Trine II Acquisition stock opened at $10.19 on Friday. The company's fifty day simple moving average is $10.10 and its two-hundred day simple moving average is $10.02. Trine II Acquisition Corp. has a 12-month low of $9.72 and a 12-month high of $10.20.

About Trine II Acquisition

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Trine II 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 or entities. The company was incorporated in 2021 and is based in New York, New York.

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