Atlantic Union Bankshares Co. (NASDAQ:AUBAP – Get Free Report)’s stock price rose 0.2% on Wednesday. The company traded as high as $22.2850 and last traded at $22.19. 26,189 shares changed hands during mid-day trading, an increase of 142% from the average daily volume of 10,800 shares. The stock had previously closed at $22.15.
Atlantic Union Bankshares Trading Up 0.2%
The company’s 50-day moving average is $23.45 and its two-hundred day moving average is $24.35.
Institutional Investors Weigh In On Atlantic Union Bankshares
Several large investors have recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Atlantic Union Bankshares in the 2nd quarter worth about $38,000. Manning & Napier Advisors LLC bought a new position in Atlantic Union Bankshares in the 2nd quarter worth about $70,000. Northwestern Mutual Wealth Management Co. purchased a new position in Atlantic Union Bankshares during the second quarter valued at approximately $200,000. Global Retirement Partners LLC bought a new position in shares of Atlantic Union Bankshares in the second quarter worth $206,000. Finally, Empowered Funds LLC purchased a new stake in shares of Atlantic Union Bankshares in the 2nd quarter valued at about $208,000.
About Atlantic Union Bankshares
Atlantic Union Bankshares Corporation is a bank holding company whose principal subsidiary, Atlantic Union Bank, provides banking and financial services to individuals, businesses and organizations. Its offerings include checking and savings accounts, consumer and commercial loans, mortgage services, and digital banking.
The company also serves business clients with services such as commercial lending, cash management and other treasury solutions. Through its banking and related operations, Atlantic Union serves communities across Virginia and neighboring parts of the Mid-Atlantic region.
Atlantic Union Bankshares adopted its current name in 2019, reflecting the Atlantic Union Bank brand used by its principal banking subsidiary.
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