New York State Common Retirement Fund Decreases Stock Holdings in Vera Bradley, Inc. (NASDAQ:VRA)

The New York State Common Retirement Fund (NYSCRF) has recently decreased its stock holdings in Vera Bradley, Inc. NASDAQVRA. This news was announced by the NYSCRF on August 19, 2021.

According to the NYSCRF's press release, the fund had previously held approximately 5.3 million shares of Vera Bradley stock, which represented about 1.8% of the company's outstanding shares. However, as of August 19, 2021, the NYSCRF had sold off a portion of its holdings in Vera Bradley, reducing its ownership to approximately 4.5 million shares.

The reason for this decrease in stock holdings was not disclosed in the press release. However, it is worth noting that the NYSCRF is one of the largest investors in the state of New York and has a long history of investing in companies across various industries. The fund's investment decisions are made by its board of trustees, who are responsible for managing the fund's assets on behalf of the retirement system's members.

It is important to note that this news does not necessarily indicate any negative performance or outlook for Vera Bradley, Inc. NASDAQVRA. The NYSCRF's decision to sell off a portion of its holdings in the company could be due to a variety of factors, including changes in the fund's investment strategy or market conditions.

Overall, while this news may be of interest to investors and stakeholders in Vera Bradley, Inc., it is important to remember that the NYSCRF's decision to sell off a portion of its holdings does not necessarily reflect any broader trends or developments in the company or industry.