KBL MERGER CORP/SH (KBLM) Shares Sold by Karpus Management Inc.
Karpus Management Inc. decreased its stake in shares of KBL MERGER CORP/SH (NASDAQ:KBLM) by 27.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 512,040 shares of the company’s stock after selling 189,730 shares during the period. Karpus Management Inc. owned 3.44% of KBL MERGER CORP/SH worth $5,223,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Glazer Capital LLC boosted its holdings in shares of KBL MERGER CORP/SH by 9.4% during the 4th quarter. Glazer Capital LLC now owns 193,599 shares of the company’s stock worth $1,975,000 after buying an additional 16,680 shares during the period. Bulldog Investors LLC boosted its holdings in shares of KBL MERGER CORP/SH by 8.4% during the 3rd quarter. Bulldog Investors LLC now owns 548,653 shares of the company’s stock worth $5,540,000 after buying an additional 42,582 shares during the period. Finally, Mizuho Securities USA LLC boosted its holdings in shares of KBL MERGER CORP/SH by 36.0% during the 4th quarter. Mizuho Securities USA LLC now owns 1,105,186 shares of the company’s stock worth $10,941,000 after buying an additional 292,589 shares during the period. 57.20% of the stock is owned by institutional investors and hedge funds.
Shares of KBLM stock opened at $10.38 on Tuesday. KBL MERGER CORP/SH has a 52 week low of $9.82 and a 52 week high of $10.69.
KBL MERGER CORP/SH Profile
KBL Merger Corp. IV is a principle investment firm founded in 2016 and is based in Newark, Delaware.
Read More: Why do companies pay special dividends?
Receive News & Ratings for KBL MERGER CORP/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBL MERGER CORP/SH and related companies with MarketBeat.com's FREE daily email newsletter.