M3f buys $7,689,763 stake in Middleburg Financial Corp. (MBRG)

Middleburg Financial Corp. (MBRG) : M3f scooped up 148,483 additional shares in Middleburg Financial Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 272,204 shares of Middleburg Financial Corp. which is valued at $7,689,763.Middleburg Financial Corp. makes up approximately 6.51% of M3f’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp added MBRG to its portfolio by purchasing 7,709 company shares during the most recent quarter which is valued at $216,623. California State Teachers Retirement System added MBRG to its portfolio by purchasing 9,841 company shares during the most recent quarter which is valued at $276,434. Msi Financial Services Inc added MBRG to its portfolio by purchasing 20 company shares during the most recent quarter which is valued at $567.

Middleburg Financial Corp. opened for trading at $28.39 and hit $28.39 on the upside on Wednesday, eventually ending the session at $28.36, with a gain of 0.96% or 0.27 points. The heightened volatility saw the trading volume jump to 1,778 shares. Company has a market cap of $201 M.

Middleburg Financial Corporation is a bank holding company. The Company conducts its primary operations through two wholly owned subsidiaries Middleburg Bank and Middleburg Investment Group Inc. The Company operates in a decentralized manner in three principal business activities which include commercial and retail banking services through Middleburg Bank wealth management services through Middleburg Investment Group Inc. and mortgage banking services. The Company through its subsidiaries offers a range of banking fiduciary and investment management services to both individuals and small businesses. Middleburg Bank’s services include various types of checking and savings deposit accounts and the origination of business real estate development mortgage home equity automobile and other installment demand and term loans.

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