Broad Run Investment Management buys $21,184,698 stake in Marlin Business Services Corp. (MRLN)

Marlin Business Services Corp. (MRLN) : Broad Run Investment Management scooped up 2,175 additional shares in Marlin Business Services Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,169,779 shares of Marlin Business Services Corp. which is valued at $21,184,698.Marlin Business Services Corp. makes up approximately 1.02% of Broad Run Investment Management’s portfolio.

Other Hedge Funds, Including , Tiaa Cref Investment Management reduced its stake in MRLN by selling 18,461 shares or 39.82% in the most recent quarter. The Hedge Fund company now holds 27,899 shares of MRLN which is valued at $505,251.Blackrock Institutional Trust Company N.a. boosted its stake in MRLN in the latest quarter, The investment management firm added 2,007 additional shares and now holds a total of 528,116 shares of Marlin Business Services Corp. which is valued at $9,564,181.Blackrock Investment Management boosted its stake in MRLN in the latest quarter, The investment management firm added 2,283 additional shares and now holds a total of 35,956 shares of Marlin Business Services Corp. which is valued at $651,163.

Marlin Business Services Corp. closed down -0.01 points or -0.05% at $18.79 with 27,642 shares getting traded on Thursday. Post opening the session at $18.83, the shares hit an intraday low of $18.5 and an intraday high of $18.83 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Marlin Business Services Corp. (Marlin) is a bank holding company and a financial holding company. The Company through its principal operating subsidiary Marlin Leasing Corporation (MLC) provides equipment financing solutions nationwide primarily to small and mid-sized businesses. The Company finances over 100 categories of common-use commercial equipment to its end user customers including copiers copiers security systems computers telecommunications equipment and certain commercial and industrial equipment. Its product offerings include equipment leases and property insurance on leased equipment. AssuranceOne Ltd. a wholly owned captive insurance subsidiary enables the Company to reinsure the property insurance coverage for the equipment financed by MLC and Marlin Business Bank (MBB) for its end user customers. MBB serves as the Company’s primary funding source through its issuance of Federal Deposit Insurance Corporation (FDIC)-insured deposits.

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