Dimensional Fund Advisors LP Sells 10,354 Shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Dimensional Fund Advisors LP trimmed its stake in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 11.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,623 shares of the company’s stock after selling 10,354 shares during the period. Dimensional Fund Advisors LP owned about 0.36% of Blue Ridge Bankshares worth $218,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BRBS. Empowered Funds LLC lifted its position in Blue Ridge Bankshares by 8.1% in the 1st quarter. Empowered Funds LLC now owns 53,612 shares of the company’s stock valued at $144,000 after acquiring an additional 4,025 shares in the last quarter. Vanguard Group Inc. lifted its position in Blue Ridge Bankshares by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 853,525 shares of the company’s stock valued at $2,296,000 after acquiring an additional 8,057 shares in the last quarter. Emerald Mutual Fund Advisers Trust bought a new stake in Blue Ridge Bankshares in the 2nd quarter valued at $52,000. Finally, Ground Swell Capital LLC bought a new stake in Blue Ridge Bankshares in the 2nd quarter valued at $36,000. 50.48% of the stock is owned by institutional investors.

Blue Ridge Bankshares Trading Up 1.8 %

BRBS opened at $2.77 on Tuesday. The stock has a market capitalization of $63.66 million, a P/E ratio of -0.76 and a beta of 0.68. Blue Ridge Bankshares, Inc. has a 12 month low of $2.05 and a 12 month high of $4.08. The firm’s fifty day simple moving average is $2.73 and its 200 day simple moving average is $2.76. The company has a current ratio of 1.05, a quick ratio of 1.02 and a debt-to-equity ratio of 0.75.

Blue Ridge Bankshares (NASDAQ:BRBS) last posted its quarterly earnings data on Thursday, July 25th. The company reported ($0.47) EPS for the quarter. Blue Ridge Bankshares had a negative net margin of 32.61% and a negative return on equity of 28.09%. The company had revenue of $20.39 million during the quarter.

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.