Highlander Capital Management Lowers stake in Meridian Bancorp (EBSB)

Meridian Bancorp (EBSB) : Highlander Capital Management reduced its stake in Meridian Bancorp by 7.41% during the most recent quarter end. The investment management company now holds a total of 56,304 shares of Meridian Bancorp which is valued at $851,880 after selling 4,507 shares in Meridian Bancorp , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Meridian Bancorp makes up approximately 0.85% of Highlander Capital Management’s portfolio.

Other Hedge Funds, Including , Dynamic Technology Lab Private Ltd sold out all of its stake in EBSB during the most recent quarter. The investment firm sold 19,168 shares of EBSB which is valued $290,012. Nine Chapters Capital Management sold out all of its stake in EBSB during the most recent quarter. The investment firm sold 67,000 shares of EBSB which is valued $1,020,410.Teacher Retirement System Of Texas boosted its stake in EBSB in the latest quarter, The investment management firm added 382 additional shares and now holds a total of 23,133 shares of Meridian Bancorp which is valued at $352,316.Los Angeles Capital Management Equity Research Inc reduced its stake in EBSB by selling 9,495 shares or 7.39% in the most recent quarter. The Hedge Fund company now holds 119,010 shares of EBSB which is valued at $1,805,382. Meridian Bancorp makes up approx 0.01% of Los Angeles Capital Management Equity Research Inc’s portfolio.Kessler Investment Group reduced its stake in EBSB by selling 2,032 shares or 19.4% in the most recent quarter. The Hedge Fund company now holds 8,442 shares of EBSB which is valued at $129,331. Meridian Bancorp makes up approx 0.18% of Kessler Investment Group’s portfolio.

Meridian Bancorp closed down -0.1 points or -0.65% at $15.31 with 61,675 shares getting traded on Friday. Post opening the session at $15.4, the shares hit an intraday low of $15.268 and an intraday high of $15.4 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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