Elser Financial Planning Loads Up on Merchants Bancorp Shares Worth $1.1 Billion

Elser Financial Planning Loads Up on Merchants Bancorp Shares Worth $1.1 Billion

Key PointsElser Financial Planning acquired 26,983,101 shares of Merchants Bancorp in the first quarter; the estimated trade size was $1.10 billion based on quarterly average pricing.The Merchants Bancorp stake now represents 57.21% of the fund's 13F assets. Shares of the Indiana-based bank have soared over 40% so far this year. 10 stocks we like better than Merchants Bancorp › Elser Financial Planning disclosed a new position in Merchants Banco…