Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 241.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 217,410 shares of the company’s stock after acquiring an additional 153,731 shares during the quarter. Dimensional Fund Advisors LP owned about 0.30% of Blue Ridge Bankshares worth $700,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN acquired a new stake in Blue Ridge Bankshares during the fourth quarter worth $42,000. Dynamic Technology Lab Private Ltd acquired a new stake in Blue Ridge Bankshares during the fourth quarter worth $43,000. XTX Topco Ltd acquired a new stake in Blue Ridge Bankshares during the fourth quarter worth $61,000. LPL Financial LLC increased its stake in Blue Ridge Bankshares by 124.4% during the fourth quarter. LPL Financial LLC now owns 24,060 shares of the company’s stock worth $77,000 after acquiring an additional 13,339 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Blue Ridge Bankshares in the fourth quarter valued at $79,000. Institutional investors and hedge funds own 50.48% of the company’s stock.

Insider Activity

In other news, Director Carolyn J. Woodruff sold 8,924 shares of Blue Ridge Bankshares stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total value of $33,465.00. Following the completion of the sale, the director now directly owns 138,179 shares of the company’s stock, valued at approximately $518,171.25. The trade was a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 4.92% of the company’s stock.

Blue Ridge Bankshares Trading Down 1.4%

Shares of NASDAQ BRBS opened at $3.47 on Friday. Blue Ridge Bankshares, Inc. has a twelve month low of $2.45 and a twelve month high of $3.83. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The stock has a fifty day simple moving average of $3.30 and a 200-day simple moving average of $3.36. The stock has a market capitalization of $316.39 million, a PE ratio of -5.42 and a beta of 0.80.

Blue Ridge Bankshares Company Profile

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.