Bank of Montreal Can Reduces Holdings in VMG Consumer Acquisition Corp. (NASDAQ:VMGA)

Bank of Montreal Can lessened its position in shares of VMG Consumer Acquisition Corp. (NASDAQ:VMGA – Get Rating) by 39.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,254 shares of the company’s stock after selling 10,033 shares during the period. Bank of Montreal Can’s holdings in VMG Consumer Acquisition were worth $155,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VMGA. Calamos Advisors LLC purchased a new stake in VMG Consumer Acquisition during the 4th quarter worth about $15,300,000. Verition Fund Management LLC purchased a new stake in VMG Consumer Acquisition during the 1st quarter worth about $5,954,000. Millennium Management LLC purchased a new stake in VMG Consumer Acquisition during the 2nd quarter worth about $5,303,000. Polar Asset Management Partners Inc. purchased a new stake in VMG Consumer Acquisition during the 1st quarter worth about $4,212,000. Finally, Farallon Capital Management LLC purchased a new stake in VMG Consumer Acquisition during the 1st quarter worth about $3,469,000. Hedge funds and other institutional investors own 73.64% of the company’s stock.

VMG Consumer Acquisition Price Performance

Shares of VMGA opened at $10.41 on Monday. The stock’s 50-day simple moving average is $10.35 and its 200 day simple moving average is $10.22. VMG Consumer Acquisition Corp. has a 52-week low of $9.90 and a 52-week high of $10.93.

About VMG Consumer Acquisition

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VMG Consumer Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring consumer and retail companies across a range of industry verticals, such as food and beverage, beauty and personal care, health and wellness, pet products and services, household products, and multi-unit retailers/services, as well as apparel, footwear, and accessories.