Stilwell Value Lowers stake in Anchor Bancorp (ANCB)

Anchor Bancorp (ANCB) : Stilwell Value reduced its stake in Anchor Bancorp by 1.23% during the most recent quarter end. The investment management company now holds a total of 239,966 shares of Anchor Bancorp which is valued at $6,297,428 after selling 3,000 shares in Anchor Bancorp , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Anchor Bancorp makes up approximately 3.91% of Stilwell Value’s portfolio.

Other Hedge Funds, Including , Stieven Capital Advisors reduced its stake in ANCB by selling 1,800 shares or 0.77% in the most recent quarter. The Hedge Fund company now holds 230,903 shares of ANCB which is valued at $6,059,587. Anchor Bancorp makes up approx 1.59% of Stieven Capital Advisors’s portfolio. Blackrock Investment Management added ANCB to its portfolio by purchasing 144 company shares during the most recent quarter which is valued at $3,779.Blackrock Fund Advisors boosted its stake in ANCB in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 565 shares of Anchor Bancorp which is valued at $14,827.

Anchor Bancorp opened for trading at $25.94 and hit $26.0571 on the upside on Monday, eventually ending the session at $26.0571, with a gain of 0.22% or 0.0571 points. The heightened volatility saw the trading volume jump to 617 shares. Company has a market cap of $64 M.

Anchor Bancorp is a bank holding company for Anchor Bank. The Bank business activities are limited to passive investment activities and oversight of its investment in Anchor Bank. Anchor Bank is a community-based savings bank primarily serving Western Washington through its 11 full-service banking offices located within Grays Harbor Thurston Lewis Pierce and Mason counties Washington. The Bank offers a range of loan products to meet the demands of its customers. The principal lending activity has consisted of the origination of loans secured by first mortgages on owner-occupied one-to-four family residences and loans for the construction of one-to-four family residences. The mortgage-backed securities in its investment portfolio were comprised of Freddie Mac Fannie Mae and Ginnie Mae mortgage-backed securities.

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