BlackRock Portfolio Management LLC's 5.5% Stake in Heritage Commerce Corp

BlackRock Portfolio Management LLC has filed a Schedule 13G with the SEC, disclosing a 5.5% beneficial ownership in Heritage Commerce Corp. The filing indicates that BlackRock Portfolio Management LLC holds 3,384,017 shares of common stock, with sole voting power over 3,088,927 shares and sole dispositive power over all 3,384,017 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the common stock, but no single person's interest exceeds 5% of the total outstanding shares. The filing is made under Rule 13d-1(b) and includes certifications that the securities were acquired and are held in the ordinary course of business, not for the purpose of influencing control of the issuer.