Portfolio Solutions Lowers stake in Bankwell Financial Group Inc (BWFG)

Bankwell Financial Group Inc (BWFG) : Portfolio Solutions reduced its stake in Bankwell Financial Group Inc by 7.89% during the most recent quarter end. The investment management company now holds a total of 13,301 shares of Bankwell Financial Group Inc which is valued at $320,421 after selling 1,140 shares in Bankwell Financial Group Inc , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Bankwell Financial Group Inc makes up approximately 0.05% of Portfolio Solutions’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in BWFG in the latest quarter, The investment management firm added 105 additional shares and now holds a total of 331 shares of Bankwell Financial Group Inc which is valued at $7,927.

Bankwell Financial Group Inc closed down -0.29 points or -1.19% at $24.09 with 4,726 shares getting traded on Friday. Post opening the session at $24.59, the shares hit an intraday low of $23.88 and an intraday high of $24.66 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Bankwell Financial Group Inc. is a bank holding company. The Company offers a range of financial services through the banking subsidiary Bankwell Bank (the Bank) a Connecticut state non-member bank. The Bank’s primary market is the greater Fairfield County Connecticut area which its serves from the main banking office located in New Canaan Connecticut and six other branch offices located throughout the Fairfield County area. As of December 31 2014 the Bank had net loans of approximately $916.0 million and total deposits of approximately $835.4 million. It operates Bankwell Investment Services which provides a range of services including 401k rollover planning retirement planning asset allocation planning financial planning business planning estate planning mutual funds fixed and variable annuities exchange traded funds separate managed accounts stocks and bonds traditional and Roth IRAs (Individual Retirement Arrangements) and brokerage certificates of deposits.

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