Dimensional Fund Advisors LP Has $700,000 Holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Dimensional Fund Advisors LP increased its stake in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) by 241.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 217,410 shares of the company's stock after purchasing an additional 153,731 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.30% of Blue Ridge Bankshares worth $700,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Banc Funds Co. LLC lifted its position in Blue Ridge Bankshares by 23.7% in the 4th quarter. Banc Funds Co. LLC now owns 2,634,722 shares of the company's stock worth $8,484,000 after buying an additional 504,000 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Blue Ridge Bankshares by 221.4% in the fourth quarter. Renaissance Technologies LLC now owns 625,200 shares of the company's stock worth $2,013,000 after acquiring an additional 430,700 shares during the last quarter. Graham Capital Wealth Management LLC raised its holdings in shares of Blue Ridge Bankshares by 1,446.2% during the fourth quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company's stock worth $1,682,000 after acquiring an additional 488,687 shares in the last quarter. Alliancebernstein L.P. boosted its position in Blue Ridge Bankshares by 5.3% during the fourth quarter. Alliancebernstein L.P. now owns 394,556 shares of the company's stock valued at $1,270,000 after purchasing an additional 19,735 shares during the last quarter. Finally, Kennedy Capital Management LLC purchased a new position in Blue Ridge Bankshares in the fourth quarter valued at about $868,000. 50.48% of the stock is owned by hedge funds and other institutional investors.

Blue Ridge Bankshares Stock Down 1.1%

BRBS stock traded down $0.04 during mid-day trading on Tuesday, hitting $3.50. The stock had a trading volume of 109,381 shares, compared to its average volume of 260,688. Blue Ridge Bankshares, Inc. has a 1-year low of $2.45 and a 1-year high of $3.83. The company has a fifty day moving average of $3.31 and a 200 day moving average of $3.37. 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 market capitalization of $319.12 million, a price-to-earnings ratio of -5.47 and a beta of 0.80.

Insider Activity

In related news, Director Carolyn J. Woodruff sold 8,924 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total transaction of $33,465.00. Following the transaction, the director now owns 138,179 shares of the company's stock, valued at approximately $518,171.25. This trade represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.08% of the stock is owned by corporate insiders.

About Blue Ridge Bankshares

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.