Merchants Bancshares,Inc. (NASDAQ:MBVT) Stake Decreased by UBS Group AG

UBS Group AG decreased its stake in Merchants Bancshares,Inc. (NASDAQ:MBVT) by 25.7% during the first quarter, Holdings Channel reports. The firm owned 3,272 shares of the financial services provider’s stock after selling 1,133 shares during the period. UBS Group AG’s holdings in Merchants Bancshares,Inc. were worth $160,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Context BH Capital Management LP boosted its stake in Merchants Bancshares,Inc. by 14.2% in the first quarter. Context BH Capital Management LP now owns 293,362 shares of the financial services provider’s stock valued at $14,287,000 after buying an additional 36,454 shares during the period. Vanguard Group Inc. boosted its stake in Merchants Bancshares,Inc. by 7.5% in the first quarter. Vanguard Group Inc. now owns 199,085 shares of the financial services provider’s stock valued at $9,696,000 after buying an additional 13,910 shares during the period. State Street Corp boosted its stake in Merchants Bancshares,Inc. by 10.7% in the fourth quarter. State Street Corp now owns 92,481 shares of the financial services provider’s stock valued at $5,009,000 after buying an additional 8,931 shares during the period. Geode Capital Management LLC boosted its stake in Merchants Bancshares,Inc. by 1.6% in the first quarter. Geode Capital Management LLC now owns 64,876 shares of the financial services provider’s stock valued at $3,159,000 after buying an additional 1,045 shares during the period. Finally, Mizuho Securities USA Inc. purchased a new stake in Merchants Bancshares,Inc. during the first quarter valued at $1,948,000. Institutional investors own 38.63% of the company’s stock.

Merchants Bancshares,Inc. (NASDAQ MBVT) traded up 0.30% during midday trading on Thursday, hitting $49.80. The company’s 50-day moving average price is $48.93 and its 200 day moving average price is $49.91. Merchants Bancshares,Inc. has a one year low of $28.16 and a one year high of $54.80.

COPYRIGHT VIOLATION WARNING: This piece was first posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://www.tickerreport.com/banking-finance/2800158/merchants-bancsharesinc-nasdaqmbvt-stake-decreased-by-ubs-group-ag.html.

Merchants Bancshares,Inc. Company Profile

Merchants Bancshares, Inc is a bank holding company. The Company’s subsidiary, Merchants Bank (the Bank), is a commercial bank. The Bank offers a range of deposit, loan, cash management and trust services to meet the financial needs of individual consumers, businesses and municipalities. Merchants Bank’s trust division offers investment management, financial planning and trustee services.

Want to see what other hedge funds are holding MBVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Merchants Bancshares,Inc. (NASDAQ:MBVT).

Institutional Ownership by Quarter for Merchants Bancshares,Inc. (NASDAQ:MBVT)

Receive News & Ratings for Merchants BancsharesInc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merchants BancsharesInc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.