Toronto Dominion Bank Takes $21.52 Million Position in Ares Acquisition Co. II (NYSE:AACT)

Toronto Dominion Bank acquired a new stake in shares of Ares Acquisition Co. II (NYSE:AACT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,959,855 shares of the company’s stock, valued at approximately $21,519,000. Toronto Dominion Bank owned 3.14% of Ares Acquisition Co. II as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Virtu Financial LLC grew its stake in shares of Ares Acquisition Co. II by 4.2% during the 4th quarter. Virtu Financial LLC now owns 22,710 shares of the company’s stock valued at $249,000 after buying an additional 914 shares during the period. Jane Street Group LLC purchased a new stake in shares of Ares Acquisition Co. II during the 4th quarter valued at $883,000. Mizuho Securities USA LLC purchased a new stake in shares of Ares Acquisition Co. II during the 4th quarter valued at $3,534,000. Decagon Asset Management LLP purchased a new stake in shares of Ares Acquisition Co. II during the 4th quarter valued at $4,089,000. Finally, Bulldog Investors LLP grew its stake in shares of Ares Acquisition Co. II by 54.9% during the 4th quarter. Bulldog Investors LLP now owns 523,243 shares of the company’s stock valued at $5,745,000 after buying an additional 185,556 shares during the period. 72.95% of the stock is owned by hedge funds and other institutional investors.

Ares Acquisition Co. II Price Performance

Shares of NYSE AACT opened at $11.29 on Monday. Ares Acquisition Co. II has a 52-week low of $10.62 and a 52-week high of $11.29. The firm has a fifty day moving average of $11.21 and a 200-day moving average of $11.06.

Ares Acquisition Co. II Profile

Ares Acquisition Corp. II is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on March 15, 2021 and is headquartered in New York, NY.