The Manufacturers Life Insurance Company purchased a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 753,477 shares of the company’s stock, valued at approximately $31,880,000.
Several other large investors also recently made changes to their positions in AUBAP. Bank of New York Mellon Corp acquired a new position in shares of Atlantic Union Bankshares during the 2nd quarter valued at about $57,151,000. Global Retirement Partners LLC acquired a new stake in Atlantic Union Bankshares in the 2nd quarter worth approximately $206,000. OneDigital Investment Advisors LLC bought a new stake in Atlantic Union Bankshares during the second quarter worth approximately $392,000. Deutsche Bank AG bought a new stake in Atlantic Union Bankshares during the second quarter worth approximately $6,410,000. Finally, BlackRock Inc. bought a new stake in Atlantic Union Bankshares during the second quarter worth approximately $883,523,000.
Atlantic Union Bankshares Trading Down 0.5%
Shares of AUBAP stock opened at $24.32 on Friday. Atlantic Union Bankshares Co. has a 12 month low of $22.80 and a 12 month high of $27.96. The business’s 50 day moving average is $24.52 and its two-hundred day moving average is $24.63.
About Atlantic Union Bankshares
Atlantic Union Bankshares Corporation is a bank holding company and the parent of Atlantic Union Bank, a regional financial institution serving primarily Virginia and select markets in North Carolina, Maryland and the District of Columbia. The company offers a full suite of banking services to individuals, small- and mid-sized businesses, and commercial clients, including deposit accounts, consumer and commercial lending, treasury management, mortgage financing and wealth management services. Atlantic Union Bank emphasizes a relationship-driven approach, combining local decision-making authority with digital banking capabilities to support day-to-day financial needs and long-term growth objectives.
Founded on the heritage of Union Bank & Trust, which traces its origins to Winchester, Virginia in the early 20th century, Atlantic Union Bankshares emerged from the merger of Union Bankshares and Xenith Bank in 2018.
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