Charles Schwab Investment Management Inc. Sells 6,239 Shares of Vera Bradley, Inc. (NASDAQ:VRA)

Charles Schwab Investment Management Inc. reduced its stake in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 8.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,496 shares of the textile maker’s stock after selling 6,239 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vera Bradley were worth $379,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its stake in shares of Vera Bradley by 2.1% during the second quarter. Bank of New York Mellon Corp now owns 199,308 shares of the textile maker’s stock valued at $1,248,000 after acquiring an additional 4,143 shares in the last quarter. Bailard Inc. purchased a new position in Vera Bradley during the 2nd quarter worth $137,000. Rhumbline Advisers raised its position in Vera Bradley by 15.3% during the 2nd quarter. Rhumbline Advisers now owns 36,626 shares of the textile maker’s stock valued at $229,000 after purchasing an additional 4,855 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Vera Bradley by 23.2% in the 2nd quarter. American Century Companies Inc. now owns 385,521 shares of the textile maker’s stock worth $2,413,000 after buying an additional 72,642 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Vera Bradley by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,474,763 shares of the textile maker’s stock worth $9,232,000 after buying an additional 64,624 shares in the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.

Vera Bradley Trading Up 3.3 %

Shares of Vera Bradley stock opened at $3.48 on Friday. The stock’s fifty day moving average price is $5.18 and its 200-day moving average price is $5.72. The firm has a market cap of $96.49 million, a P/E ratio of -5.90 and a beta of 1.91. Vera Bradley, Inc. has a 12 month low of $3.35 and a 12 month high of $8.32.

Vera Bradley Profile

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.