Recently Position increased In Independent Bank Corp By Silvercrest Asset Management Group Llc

Independent Bank Corp. (NASDAQ:INDB) Corporate Logo

Big Money Sentiment decreased to 1.44 in Q3 2018. It has change of 0.44, from 2018Q2’s 1.88. The ratio is negative due to Independent Bank Corp. positioning: 3 sold and 49 reduced. 30 funds amassed stakes and 45 increased stakes. Investors holded 22.24 million in 2018Q2 but now own 22.01 million shares or 1.07% less.

Blackrock holds 3.96M shs or 0.01% of its capital. Aperio Group Incorporated Ltd invested in 0% or 11,323 shs. Gemmer Asset Mngmt Ltd Liability has 85 shs. Bollard Gru Limited Liability, Massachusetts-based fund reported 2,360 shs. Excalibur Corp holds 1.39% in Independent Bank Corp. (NASDAQ:INDB) or 19,717 shs. Moreover, First Hawaiian Commercial Bank has 0% invested in Independent Bank Corp. (NASDAQ:INDB) for 115 shs. Profund Advsr Ltd holds 0.02% or 4,825 shs. Eastern Bankshares reported 0.02% of its capital in Independent Bank Corp. (NASDAQ:INDB). Moreover, Raymond James And Associates has 0% invested in Independent Bank Corp. (NASDAQ:INDB) for 3,149 shs. The New York-based Alliancebernstein Limited Partnership has invested 0% in Independent Bank Corp. (NASDAQ:INDB). Credit Suisse Ag holds 0% or 14,760 shs in its capital. Comerica Bankshares invested in 26,627 shs. Arizona State Retirement invested in 39,948 shs or 0.03% of the stock. Commonwealth Of Pennsylvania Pub School Empls Retrmt System reported 0.01% stake. Janney Capital Mngmt Lc has invested 0% in Independent Bank Corp. (NASDAQ:INDB).

Independent Bank Corp. registered $360,887 net activity with 0 buys and 3 selling transactions since January 25, 2019. On Monday, February 4 a trade for 2,000 shs valued at $160,740 was made by JONES KEVIN J.

The increased Interest in Independent Bank Corp was announced by Silvercrest Asset Management Group Llc

In the following link 000119312519039348 you can find SC 13G/A SEC filling about Independent Bank Corp, filed by Silvercrest Asset Management Group Llc.The filler increased its holding in the stock by 4.18 % for 1,537,591 shares.On December31, 2018 Silvercrest Asset Management Group Llc has 5.5% of the Finance- stock.

After reporting an increase with $15.87 billion of its Independent Bank Corp ownership the hedge fund looks more positive.

The hedge fund is active investor in the Finance sector. In the manager�s latest 13-F, we saw a few other positions. Its 25% of Silvercrest Asset Management Group Llc�s US portfolio.

Independent Bank Corp Institutional Changes

130 investors own Independent Bank Corp says the latest SEC forms. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 1663490 shares it is increased. Institutional investors owned 21803636. In total 15 funds opened new Independent Bank Corp stakes, 46 increased stakes. There were 9 that closed positions and 43 reduced them.

Here’s the stocks most Significant investors in which it takes place: Rockland Trust Co, Silvercrest Asset Management Group Llc..

Since Q3 2017 Excalibur Management Corp is holding 1.52% of its US portfolio or 23917 shares. The stake that Endurance Wealth Management Inc announced worth 1.58% of its portfolio 127408 shares. Further, Silvercrest Asset Management Group Llc announced stake worth 1.26% of the manager�s US portfolio. 26265 shares has IL Silvercrest Asset Management Group Llc which is 1.44% of their stock portfolio. The 565848 shares are owned by MA Rockland Trust Co. Independent Bank Corp is 3.66% of its portfolio.

Silvercrest Asset Management Group Llc website.

INDB hit $81.36 during the last trading session after $0.16 change.Independent Bank Corp. has volume of 70,547 shares. Since February 14, 2018 INDB has risen 5.17% and is uptrending. INDB outperformed the S&P 500 by 5.17%.

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts.The company has $2.29 billion market cap. The company's services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts.The P/E ratio is 18.49. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

For more Independent Bank Corp. (NASDAQ:INDB) news published briefly go to: Seekingalpha.com, Nasdaq.com, Bizjournals.com, Bizjournals.com or Nasdaq.com. The titles are as follows: “Merger Arbitrage Mondays – January 28, 2019 – Seeking Alpha” published on January 29, 2019, “Independent Bank Corp. (INDB) Misses Q4 Earnings Estimates – Nasdaq” on January 17, 2019, “The Seaport’s Blue Hills Bank Pavilion has a new name – Boston Business Journal” with a publish date: February 04, 2019, “A downtown branch network isn’t on Rockland Trust’s to-do list – Boston Business Journal” and the last “Zacks.com featured expert Kevin Matras highlights: Gibraltar Industries, Unisys, K12, Blue Hills and Independent Bank – Nasdaq” with publication date: January 24, 2019.

Independent Bank Corp. (NASDAQ:INDB) Institutional Investors Chart

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