Dimensional Fund Advisors LP Acquires 16,997 Shares of BV Financial, Inc. (NASDAQ:BVFL)

Dimensional Fund Advisors LP raised its holdings in BV Financial, Inc. (NASDAQ:BVFL) by 57.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,504 shares of the company’s stock after acquiring an additional 16,997 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.40% of BV Financial worth $801,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Barclays PLC bought a new stake in shares of BV Financial in the third quarter valued at about $52,000. Covestor Ltd raised its holdings in shares of BV Financial by 20.3% in the 4th quarter. Covestor Ltd now owns 4,817 shares of the company’s stock valued at $83,000 after purchasing an additional 814 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of BV Financial by 267.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company’s stock worth $1,686,000 after purchasing an additional 71,279 shares during the period. Truffle Hound Capital LLC bought a new position in shares of BV Financial during the fourth quarter valued at approximately $2,583,000. Finally, Fourthstone LLC boosted its stake in shares of BV Financial by 4.3% during the fourth quarter. Fourthstone LLC now owns 592,370 shares of the company’s stock valued at $10,201,000 after purchasing an additional 24,592 shares in the last quarter. Hedge funds and other institutional investors own 42.65% of the company’s stock.

BV Financial Trading Up 1.0%

Shares of NASDAQ BVFL opened at $15.80 on Friday. The stock has a market capitalization of $166.36 million, a PE ratio of 14.50 and a beta of 0.63. BV Financial, Inc. has a 12-month low of $10.47 and a 12-month high of $18.19. The stock’s fifty day simple moving average is $15.10 and its two-hundred day simple moving average is $15.88.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings results on Thursday, April 17th. The company reported $0.30 earnings per share for the quarter. BV Financial had a net margin of 23.83% and a return on equity of 6.09%. The business had revenue of $9.17 million for the quarter.

Insiders Place Their Bets

In related news, Director Joseph S. Galli sold 3,454 shares of BV Financial stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $15.92, for a total transaction of $54,987.68. Following the completion of the sale, the director now owns 1,559 shares of the company’s stock, valued at $24,819.28. The trade was a 68.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last quarter, insiders have sold 6,254 shares of company stock valued at $99,589. Insiders own 11.79% of the company’s stock.

BV Financial Profile

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.