Bank of New York Mellon Corp Buys Shares of 18,070 Malvern Bancorp, Inc. (MLVF)
Bank of New York Mellon Corp bought a new stake in shares of Malvern Bancorp, Inc. (NASDAQ:MLVF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 18,070 shares of the savings and loans company’s stock, valued at approximately $433,000. Bank of New York Mellon Corp owned about 0.28% of Malvern Bancorp at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC purchased a new stake in Malvern Bancorp during the 1st quarter valued at $1,490,000. Wellington Management Group LLP boosted its stake in Malvern Bancorp by 181.0% during the 1st quarter. Wellington Management Group LLP now owns 114,106 shares of the savings and loans company’s stock valued at $2,419,000 after purchasing an additional 73,499 shares during the last quarter. Schwab Charles Investment Management Inc. purchased a new stake in Malvern Bancorp during the 2nd quarter valued at $252,000. Finally, Dimensional Fund Advisors LP boosted its stake in Malvern Bancorp by 13.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 39,454 shares of the savings and loans company’s stock valued at $836,000 after purchasing an additional 4,614 shares during the last quarter. Institutional investors and hedge funds own 65.75% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Bank of New York Mellon Corp Buys Shares of 18,070 Malvern Bancorp, Inc. (MLVF)” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://www.thecerbatgem.com/2017/11/01/bank-of-new-york-mellon-corp-buys-shares-of-18070-malvern-bancorp-inc-mlvf.html.
Shares of Malvern Bancorp, Inc. (MLVF) opened at 27.00 on Wednesday. The stock has a market capitalization of $173.85 million, a P/E ratio of 14.08 and a beta of -0.02. Malvern Bancorp, Inc. has a 52 week low of $17.30 and a 52 week high of $27.85. The firm’s 50-day moving average price is $26.51 and its 200 day moving average price is $24.06.
About Malvern Bancorp
Malvern Bancorp, Inc operates as the holding company for Malvern Federal Savings Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company offers checking accounts, retirement accounts, money market accounts, time and savings accounts, interest and non-interest bearing accounts, NOW accounts, and CDARS/ICS reciprocal deposits; and debit and credit card, wire transfer, automated teller, Internet banking, ACH origination, safe deposit box, telephone banking, and mobile banking services.
Receive News & Stock Ratings for Malvern Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Malvern Bancorp Inc. and related stocks with our FREE daily email newsletter.