Jacobs Asset Management Lowers stake in Riverview Bancorp (RVSB)

Riverview Bancorp (RVSB) : Jacobs Asset Management reduced its stake in Riverview Bancorp by 3.68% during the Q4 period. The investment management company now holds a total of 654,266 shares of Riverview Bancorp which is valued at $2.8 Million after selling 25,000 shares in Riverview Bancorp according to the most recent disclosure to the SEC.Riverview Bancorp makes up approximately 0.76% of Jacobs Asset Management’s portfolio.

Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. reduced its stake in RVSB by selling 19,305 shares or 9.95% during the fourth quarter. The Hedge Fund company now holds 174,658 shares of RVSB which is valued at $745,790. Tower Research Capital (trc) sold out all of its stake in RVSB during the fourth quarter. The investment firm sold 524 shares of RVSB which is valued $2,237.Vanguard Group Inc boosted its stake in RVSB during the Q4 period, The investment management firm added 4,900 additional shares and now holds a total of 516,653 shares of Riverview Bancorp which is valued at $2.2 Million.

Riverview Bancorp opened for trading at $4.42 and hit $4.44 on the upside on Monday, eventually ending the session at $4.42, with a gain of 2.08% or 0.09 points. The heightened volatility saw the trading volume jump to 5,817 shares. Company has a market cap of $99 M.

Riverview Bancorp Inc. (Riverview) is a savings and loan holding company of Riverview Community Bank (the Bank). The Bank is engaged primarily in the business of attracting deposits from the general public and using such funds together with other borrowings to invest in various commercial business commercial real estate multi-family real estate real estate construction residential real estate and consumer loans. The Company considers Clark Cowlitz Klickitat and Skamania counties of Washington and Multnomah and Marion counties of Oregon as its primary market area. The Company conducts operations from its home office in Vancouver and around 17 branch offices located in Camas Washougal Stevenson White Salmon Battle Ground Goldendale Vancouver (seven branch offices) and Longview Washington and Portland Gresham and Aumsville Oregon. The Bank also operates a lending office for mortgage banking activities in Vancouver.

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