Vanguard Group Inc increased its stake in United Security Bancshares (NASDAQ:UBFO) by 0.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 505,719 shares of the financial services provider’s stock after acquiring an additional 3,910 shares during the quarter. Vanguard Group Inc owned about 2.99% of United Security Bancshares worth $5,614,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of UBFO. RB Capital Management LLC acquired a new position in shares of United Security Bancshares in the third quarter worth approximately $227,000. Destination Wealth Management acquired a new position in shares of United Security Bancshares in the third quarter worth approximately $1,049,000. Renaissance Technologies LLC lifted its stake in shares of United Security Bancshares by 8.9% in the second quarter. Renaissance Technologies LLC now owns 232,515 shares of the financial services provider’s stock worth $2,604,000 after acquiring an additional 19,000 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of United Security Bancshares by 3.0% in the third quarter. Dimensional Fund Advisors LP now owns 437,141 shares of the financial services provider’s stock worth $4,852,000 after acquiring an additional 12,669 shares during the period. Finally, BlackRock Inc. increased its holdings in United Security Bancshares by 2.3% in the second quarter. BlackRock Inc. now owns 627,773 shares of the financial services provider’s stock worth $7,031,000 after purchasing an additional 14,040 shares in the last quarter. 25.20% of the stock is currently owned by institutional investors.

UBFO stock traded down $0.06 during mid-day trading on Monday, reaching $10.30. The company’s stock had a trading volume of 1,352 shares, compared to its average volume of 10,200. The company has a market cap of $175.12 million, a P/E ratio of 12.48 and a beta of 0.33. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.00 and a current ratio of 1.00. United Security Bancshares has a 12 month low of $9.18 and a 12 month high of $11.60.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Shareholders of record on Thursday, January 3rd were issued a $0.11 dividend. This is an increase from United Security Bancshares’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date was Wednesday, January 2nd.

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United Security Bancshares Company Profile

United Security Bancshares operates as the holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services primarily to the business and professional community, and individuals in California. The company offers various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.

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Institutional Ownership by Quarter for United Security Bancshares (NASDAQ:UBFO)

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