331,252 Shares in Atlantic Union Bankshares Co. $AUBAP Bought by Legal & General Group Plc

Legal & General Group Plc acquired a new stake in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 331,252 shares of the company’s stock, valued at approximately $14,015,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Atlantic Union Bankshares in the second quarter worth about $883,523,000. Bank of New York Mellon Corp bought a new stake in shares of Atlantic Union Bankshares during the 2nd quarter valued at approximately $57,151,000. William Blair Investment Management LLC acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $53,532,000. The Manufacturers Life Insurance Company acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $31,880,000. Finally, Deutsche Bank AG bought a new position in Atlantic Union Bankshares in the 2nd quarter valued at approximately $6,410,000.

Atlantic Union Bankshares Stock Performance

Shares of Atlantic Union Bankshares stock opened at $24.34 on Monday. The company’s 50 day moving average price is $24.51 and its two-hundred day moving average price is $24.63. Atlantic Union Bankshares Co. has a fifty-two week low of $22.80 and a fifty-two week high of $27.96.

Atlantic Union Bankshares Company Profile

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.