Toronto Dominion Bank trimmed its position in Yucaipa Acquisition Co. (NYSE:YAC) by 12.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 174,772 shares of the company’s stock after selling 25,228 shares during the period. Toronto Dominion Bank’s holdings in Yucaipa Acquisition were worth $1,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of YAC. Scopus Asset Management L.P. acquired a new position in shares of Yucaipa Acquisition during the 1st quarter worth about $6,273,000. Goldman Sachs Group Inc. lifted its position in shares of Yucaipa Acquisition by 89.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 407,519 shares of the company’s stock worth $4,014,000 after purchasing an additional 192,519 shares during the last quarter. CSS LLC IL increased its stake in Yucaipa Acquisition by 23.0% in the first quarter. CSS LLC IL now owns 371,141 shares of the company’s stock valued at $3,656,000 after purchasing an additional 69,395 shares during the period. Wolverine Asset Management LLC increased its stake in shares of Yucaipa Acquisition by 62.4% during the first quarter. Wolverine Asset Management LLC now owns 286,485 shares of the company’s stock worth $2,821,000 after acquiring an additional 110,127 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of Yucaipa Acquisition during the first quarter worth about $2,309,000. 84.41% of the stock is currently owned by institutional investors.
Shares of NYSE YAC opened at $9.90 on Wednesday. The firm’s 50-day moving average is $9.87 and its two-hundred day moving average is $9.88. Yucaipa Acquisition Co. has a 12-month low of $9.55 and a 12-month high of $11.40.
Yucaipa Acquisition Corporation 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. The company was incorporated in 2020 and is based in Los Angeles, California.
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