Blue Ridge Bankshares, Inc. $BRBS is Graham Capital Wealth Management LLC’s 4th Largest Position

Graham Capital Wealth Management LLC boosted its stake in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 21.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,011,851 shares of the company’s stock after buying an additional 175,955 shares during the quarter. Blue Ridge Bankshares makes up approximately 4.4% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. Graham Capital Wealth Management LLC’s holdings in Blue Ridge Bankshares were worth $4,280,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in shares of Blue Ridge Bankshares by 436.4% in the second quarter. BNP Paribas Financial Markets now owns 7,434 shares of the company’s stock valued at $27,000 after acquiring an additional 6,048 shares during the period. ProShare Advisors LLC purchased a new position in shares of Blue Ridge Bankshares during the 2nd quarter worth about $47,000. DAVENPORT & Co LLC bought a new position in Blue Ridge Bankshares during the 3rd quarter valued at about $59,000. Police & Firemen s Retirement System of New Jersey bought a new position in Blue Ridge Bankshares during the 2nd quarter valued at about $64,000. Finally, Ellerson Group Inc. ADV bought a new position in Blue Ridge Bankshares during the 2nd quarter valued at about $83,000. 50.48% of the stock is owned by hedge funds and other institutional investors.

Blue Ridge Bankshares Stock Up 0.7%

Shares of NASDAQ BRBS opened at $4.29 on Thursday. Blue Ridge Bankshares, Inc. has a 1 year low of $2.92 and a 1 year high of $4.78. The firm has a 50-day simple moving average of $4.34 and a two-hundred day simple moving average of $4.22. The company has a market cap of $392.49 million, a P/E ratio of -6.70 and a beta of 0.84. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05.

About Blue Ridge Bankshares

Blue Ridge Bankshares, Inc is a bank holding company headquartered in Fort Valley, Virginia. Through its wholly owned subsidiary, Blue Ridge Bank, it offers a comprehensive suite of commercial and consumer banking services to individuals, businesses and agricultural clients. The company emphasizes a relationship-driven approach, leveraging local knowledge to deliver customized financial solutions.

Its product lineup includes deposit offerings such as checking, savings and money market accounts, as well as certificates of deposit.