Stilwell Value buys $5.4 Million stake in WOLVERINE BANCORP (WBKC)

WOLVERINE BANCORP (WBKC) : Stilwell Value scooped up 2,500 additional shares in WOLVERINE BANCORP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 209,907 shares of WOLVERINE BANCORP which is valued at $5.4 Million.WOLVERINE BANCORP makes up approximately 3.63% of Stilwell Value’s portfolio.

Other Hedge Funds, Including , Maltese Capital Management boosted its stake in WBKC in the latest quarter, The investment management firm added 7,900 additional shares and now holds a total of 188,523 shares of WOLVERINE BANCORP which is valued at $4.8 Million. WOLVERINE BANCORP makes up approx 0.63% of Maltese Capital Management’s portfolio. Seizert Capital Partners added WBKC to its portfolio by purchasing 9,339 company shares during the most recent quarter which is valued at $240,199. WOLVERINE BANCORP makes up approx 0.01% of Seizert Capital Partners’s portfolio. Ifp Advisors Inc added WBKC to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $2,599.

WOLVERINE BANCORP closed down -0.1301 points or -0.50% at $25.9499 with 9,221 shares getting traded on Wednesday. Post opening the session at $25.58, the shares hit an intraday low of $25.58 and an intraday high of $26.16 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Wolverine Bancorp Inc. is a savings and loan holding company of Wolverine Bank (the Bank) a subsidiary of the Company. The Bank is a federally chartered savings bank which is engaged in providing financial services primarily to individuals families and businesses in the Great Lakes Bay Region of Michigan. It has two banking offices located in Midland Michigan and a banking office in Frankenmuth. Its business consists of taking deposits from the general public and investing those deposits together with funds generated from operations and borrowings in commercial real estate loans including multi-family loans and land loans one- to four-family residential mortgage loans construction loans and home equity loans and lines of credit. The Bank offers a range of deposit accounts such as statement savings accounts certificates of deposit money market accounts commercial and regular checking accounts and retirement accounts including health savings accounts.

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