Western Standard LLC continued to hold its stake in Wolverine Bancorp, Inc. (NASDAQ:WBKC) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,500 shares of the bank’s stock at the end of the 2nd quarter. Wolverine Bancorp accounts for approximately 0.8% of Western Standard LLC’s portfolio, making the stock its 28th largest position. Western Standard LLC owned about 0.69% of Wolverine Bancorp worth $582,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of WBKC. Vanguard Group Inc. bought a new position in shares of Wolverine Bancorp during the 2nd quarter worth $243,000. Seizert Capital Partners LLC increased its stake in shares of Wolverine Bancorp by 5.2% during the second quarter. Seizert Capital Partners LLC now owns 14,433 shares of the bank’s stock valued at $579,000 after buying an additional 709 shares during the period. Kassirer Asset Management Corp purchased a new position in shares of Wolverine Bancorp during the second quarter valued at $802,000. Context BH Capital Management LP purchased a new position in shares of Wolverine Bancorp during the second quarter valued at $874,000. Finally, K2 Principal Fund L.P. purchased a new position in shares of Wolverine Bancorp during the second quarter valued at $1,008,000. Institutional investors and hedge funds own 35.87% of the company’s stock.

Wolverine Bancorp, Inc. (NASDAQ:WBKC) remained flat at $43.00 during mid-day trading on Wednesday. 185 shares of the stock traded hands. Wolverine Bancorp, Inc. has a 52-week low of $26.14 and a 52-week high of $43.50. The company has a 50-day moving average price of $40.60 and a 200-day moving average price of $36.55. The stock has a market cap of $84.15 million and a P/E ratio of 17.98.

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Wolverine Bancorp Profile

Wolverine Bancorp, Inc is a savings and loan holding company of Wolverine Bank (the Bank), which is a subsidiary of the Company. The Bank is a federally chartered savings bank. The Bank is engaged in providing financial services primarily to individuals, families and businesses in the Great Lakes Bay Region of Michigan and to a lesser extent across Michigan through over two banking offices located in Midland, Michigan, and through its banking office in Frankenmuth, which is located in Saginaw County.

Institutional Ownership by Quarter for Wolverine Bancorp (NASDAQ:WBKC)

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