Schwab Charles Investment Management Inc. Boosts Stake in WashingtonFirst Bankshares Inc (NASDAQ:WFBI)

Schwab Charles Investment Management Inc. grew its position in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) by 23.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,500 shares of the bank’s stock after purchasing an additional 4,300 shares during the period. Schwab Charles Investment Management Inc. owned about 0.18% of WashingtonFirst Bankshares worth $771,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WFBI. Citadel Advisors LLC bought a new stake in shares of WashingtonFirst Bankshares during the third quarter worth $224,000. The Manufacturers Life Insurance Company grew its position in WashingtonFirst Bankshares by 13.7% in the second quarter. The Manufacturers Life Insurance Company now owns 9,035 shares of the bank’s stock valued at $312,000 after purchasing an additional 1,086 shares in the last quarter. California Public Employees Retirement System grew its position in WashingtonFirst Bankshares by 25.0% in the third quarter. California Public Employees Retirement System now owns 11,605 shares of the bank’s stock valued at $413,000 after purchasing an additional 2,324 shares in the last quarter. Bank of New York Mellon Corp grew its position in WashingtonFirst Bankshares by 4.8% in the third quarter. Bank of New York Mellon Corp now owns 70,727 shares of the bank’s stock valued at $2,517,000 after purchasing an additional 3,260 shares in the last quarter. Finally, State Street Corp grew its position in WashingtonFirst Bankshares by 13.5% in the second quarter. State Street Corp now owns 155,174 shares of the bank’s stock valued at $5,357,000 after purchasing an additional 18,436 shares in the last quarter. Institutional investors own 55.88% of the company’s stock.

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WashingtonFirst Bankshares stock opened at $34.26 on Friday. WashingtonFirst Bankshares Inc has a 1-year low of $26.22 and a 1-year high of $37.19. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.98.

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WashingtonFirst Bankshares Profile

WashingtonFirst Bankshares, Inc is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates banking offices throughout the Washington, DC metropolitan area. The Company’s segments include Commercial Bank, Mortgage Bank, Wealth Management and Other. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank’s subsidiary, WashingtonFirst Mortgage Corporation, which operates in two locations: Fairfax, Virginia and Rockville, Maryland.

Institutional Ownership by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)

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