Atlantic Union Bankshares Co. (NASDAQ:AUBAP – Get Free Report)’s share price traded up 0.2% during trading on Wednesday. The stock traded as high as $22.2850 and last traded at $22.19. 26,189 shares were traded during mid-day trading, an increase of 142% from the average session volume of 10,800 shares. The stock had previously closed at $22.15.
Atlantic Union Bankshares Stock Down 1.6%
The stock’s 50 day moving average is $23.37 and its 200 day moving average is $24.33.
Institutional Trading of Atlantic Union Bankshares
Institutional investors and hedge funds have recently modified their holdings of the business. Freestone Grove Partners LP purchased a new stake in shares of Atlantic Union Bankshares in the second quarter valued at $1,245,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Atlantic Union Bankshares during the second quarter valued at $1,726,000. William Blair Investment Management LLC purchased a new stake in Atlantic Union Bankshares during the 2nd quarter worth about $53,532,000. Basswood Capital Management L.L.C. purchased a new stake in Atlantic Union Bankshares during the 2nd quarter worth about $8,068,000. Finally, Legal & General Group Plc purchased a new stake in Atlantic Union Bankshares during the 2nd quarter worth about $14,015,000.
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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