Guggenheim Capital LLC Increases Stake in MSD Acquisition Corp. (NASDAQ:MSDA)

Guggenheim Capital LLC lifted its stake in shares of MSD Acquisition Corp. (NASDAQ:MSDAGet Rating) by 8.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,757,250 shares of the company’s stock after purchasing an additional 215,098 shares during the quarter. Guggenheim Capital LLC owned about 3.84% of MSD Acquisition worth $27,075,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Levin Capital Strategies L.P. lifted its holdings in MSD Acquisition by 11.2% in the 1st quarter. Levin Capital Strategies L.P. now owns 835,596 shares of the company’s stock valued at $8,206,000 after purchasing an additional 84,297 shares in the last quarter. RP Investment Advisors LP purchased a new position in shares of MSD Acquisition during the 1st quarter worth about $4,050,000. Rivernorth Capital Management LLC lifted its holdings in shares of MSD Acquisition by 267.7% during the 1st quarter. Rivernorth Capital Management LLC now owns 275,757 shares of the company’s stock worth $2,702,000 after acquiring an additional 200,757 shares during the period. Prelude Capital Management LLC purchased a new position in shares of MSD Acquisition during the 1st quarter worth about $588,000. Finally, UBS Group AG lifted its holdings in shares of MSD Acquisition by 304,500.0% during the 1st quarter. UBS Group AG now owns 12,184 shares of the company’s stock worth $119,000 after acquiring an additional 12,180 shares during the period. 52.53% of the stock is owned by institutional investors and hedge funds.

MSD Acquisition Price Performance

NASDAQ:MSDA opened at $9.87 on Tuesday. The firm has a 50-day moving average of $9.84 and a two-hundred day moving average of $9.81. MSD Acquisition Corp. has a 1-year low of $9.68 and a 1-year high of $10.17.

MSD Acquisition Company Profile

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MSD 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 in the technology and media sectors. The company was incorporated in 2021 and is based in New York, New York.

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Institutional Ownership by Quarter for MSD Acquisition (NASDAQ:MSDA)

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