Virtu Financial LLC Trims Stake in Blue Ridge Bankshares, Inc. $BRBS

Virtu Financial LLC lowered its position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 50.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,138 shares of the company’s stock after selling 12,377 shares during the quarter. Virtu Financial LLC’s holdings in Blue Ridge Bankshares were worth $40,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cannon Wealth Management Services LLC purchased a new stake in shares of Blue Ridge Bankshares in the first quarter valued at $35,000. Graham Capital Wealth Management LLC raised its stake in shares of Blue Ridge Bankshares by 46.7% in the first quarter. Graham Capital Wealth Management LLC now owns 766,322 shares of the company’s stock valued at $2,498,000 after acquiring an additional 243,844 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of Blue Ridge Bankshares in the first quarter valued at $57,000. Arcus Capital Partners LLC bought a new position in shares of Blue Ridge Bankshares in the first quarter worth about $47,000. Finally, Oppenheimer & Close LLC bought a new position in shares of Blue Ridge Bankshares in the first quarter worth about $652,000. Hedge funds and other institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Trading Down 1.1%

NASDAQ BRBS opened at $3.66 on Tuesday. The company’s 50-day moving average price is $3.59 and its 200-day moving average price is $3.47. 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 cap of $337.18 million, a PE ratio of -5.72 and a beta of 0.82. Blue Ridge Bankshares, Inc. has a 12 month low of $2.66 and a 12 month high of $4.05.

Blue Ridge Bankshares 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.