Castle Creek Capital Partners Iv Lp buys $44,857,642 stake in Heritage Commerce Corp. (HTBK)

Heritage Commerce Corp. (HTBK) : Castle Creek Capital Partners Iv Lp scooped up 2,454,925 additional shares in Heritage Commerce Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 3,763,225 shares of Heritage Commerce Corp. which is valued at $44,857,642.Heritage Commerce Corp. makes up approximately 24.75% of Castle Creek Capital Partners Iv Lp’s portfolio.

Other Hedge Funds, Including , Two Sigma Investments Lp boosted its stake in HTBK in the latest quarter, The investment management firm added 132,384 additional shares and now holds a total of 157,171 shares of Heritage Commerce Corp. which is valued at $1,873,478. Heritage Commerce Corp. makes up approx 0.01% of Two Sigma Investments Lp’s portfolio.Spark Investment Management reduced its stake in HTBK by selling 10,800 shares or 26.02% in the most recent quarter. The Hedge Fund company now holds 30,700 shares of HTBK which is valued at $358,269. Heritage Commerce Corp. makes up approx 0.03% of Spark Investment Management’s portfolio.Emerald Acquisition Ltd. reduced its stake in HTBK by selling 3,500 shares or 14.29% in the most recent quarter. The Hedge Fund company now holds 21,000 shares of HTBK which is valued at $238,770.Blackrock Institutional Trust Company N.a. boosted its stake in HTBK in the latest quarter, The investment management firm added 85,299 additional shares and now holds a total of 1,539,760 shares of Heritage Commerce Corp. which is valued at $16,737,191.

Heritage Commerce Corp. opened for trading at $12.15 and hit $12.44 on the upside on Monday, eventually ending the session at $12.43, with a gain of 2.30% or 0.28 points. The heightened volatility saw the trading volume jump to 12,06,808 shares. Company has a market cap of $471 M.

Heritage Commerce Corp is a bank holding company. The Company through its wholly owned subsidiary Heritage Bank of Commerce (HBC or the Bank) provides a range of banking services. HBC is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners managers and employees. The Company operates through 11 full-service branch offices located entirely in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Santa Clara Alameda Contra Costa and San Benito. The Company offers arrange of lending and deposit services. The Company’s subsidiary BVF/CSNK Acquisition Corp. (Bay View Funding or BVF) provides business-essential working capital factoring financing to various industries across the United States.

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