Dimensional Fund Advisors LP Sells 6,972 Shares of Vera Bradley, Inc. (NASDAQ:VRA)

Dimensional Fund Advisors LP lowered its stake in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,730,420 shares of the textile maker’s stock after selling 6,972 shares during the period. Dimensional Fund Advisors LP owned 6.24% of Vera Bradley worth $6,801,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in shares of Vera Bradley during the 4th quarter valued at $2,792,000. Royce & Associates LP grew its holdings in Vera Bradley by 18.9% during the 4th quarter. Royce & Associates LP now owns 1,893,687 shares of the textile maker’s stock valued at $7,442,000 after buying an additional 301,522 shares in the last quarter. Quinn Opportunity Partners LLC bought a new stake in shares of Vera Bradley during the fourth quarter valued at about $3,957,000. Peapod Lane Capital LLC bought a new stake in shares of Vera Bradley during the fourth quarter valued at about $1,823,000. Finally, Sei Investments Co. purchased a new stake in shares of Vera Bradley in the fourth quarter worth about $54,000. 59.88% of the stock is owned by institutional investors.

Vera Bradley Trading Down 4.6%

VRA stock opened at $1.87 on Monday. The firm has a 50 day moving average of $2.21 and a 200-day moving average of $3.53. The firm has a market capitalization of $52.21 million, a P/E ratio of -3.17 and a beta of 1.76. Vera Bradley, Inc. has a 12 month low of $1.72 and a 12 month high of $8.33.

About Vera Bradley

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.