Bar Harbor Trust Services buys $10,953,090 stake in Bar Harbor Bankshares (BHB)

Bar Harbor Bankshares (BHB) : Bar Harbor Trust Services scooped up 31,000 additional shares in Bar Harbor Bankshares during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 26, 2016. The investment management firm now holds a total of 315,651 shares of Bar Harbor Bankshares which is valued at $10,953,090.Bar Harbor Bankshares makes up approximately 6.26% of Bar Harbor Trust Services’s portfolio.

Bar Harbor Bankshares opened for trading at $34.51 and hit $34.75 on the upside on Monday, eventually ending the session at $34.73, with a gain of 0.09% or 0.03 points. The heightened volatility saw the trading volume jump to 8,887 shares. Company has a market cap of $209 M.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa sold out all of its stake in BHB during the most recent quarter. The investment firm sold 579 shares of BHB which is valued $19,292.First Manhattan Co boosted its stake in BHB in the latest quarter, The investment management firm added 1,700 additional shares and now holds a total of 7,163 shares of Bar Harbor Bankshares which is valued at $238,671. Strs Ohio sold out all of its stake in BHB during the most recent quarter. The investment firm sold 7,900 shares of BHB which is valued $263,228.Clean Yield Group reduced its stake in BHB by selling 4,898 shares or 4.88% in the most recent quarter. The Hedge Fund company now holds 95,507 shares of BHB which is valued at $3,170,832. Bar Harbor Bankshares makes up approx 1.41% of Clean Yield Group’s portfolio.Naples Global Advisors reduced its stake in BHB by selling 250 shares or 1.89% in the most recent quarter. The Hedge Fund company now holds 12,978 shares of BHB which is valued at $430,870. Bar Harbor Bankshares makes up approx 0.18% of Naples Global Advisors’s portfolio.

Bar Harbor Bankshares (BHB) is a bank holding company. The Company has one wholly owned operating subsidiary Bar Harbor Bank & Trust (the Bank) a community bank which offers a range of deposit loan and related banking products as well as brokerage services provided through a third-party brokerage arrangement. In addition the Company offers trust and investment management services through its second subsidiary Bar Harbor Trust Services (Trust Services) a Maine chartered non-depository trust company. These products and services are offered to individuals businesses not-for-profit organizations and municipalities. The Bank is a retail bank serving individual and business customers retail establishments and restaurants seasonal lodging biological research laboratories and a contingent of retirees. The Bank offers a variety of consumer financial products and services Internet banking services business loans and commercial deposit accounts.

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