Man Group plc Acquires Shares of 48,549 Atlantic Union Bankshares Co. $AUBAP

Man Group plc acquired a new position in shares of Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the second quarter, HoldingsChannel.com reports. The fund acquired 48,549 shares of the company’s stock, valued at approximately $2,054,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Atlantic Union Bankshares in the second quarter valued at about $38,000. Manning & Napier Advisors LLC acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $70,000. Northwestern Mutual Wealth Management Co. acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $200,000. Global Retirement Partners LLC purchased a new position in Atlantic Union Bankshares in the 2nd quarter worth approximately $206,000. Finally, Texas Capital Bank Wealth Management Services Inc acquired a new stake in Atlantic Union Bankshares in the second quarter valued at approximately $262,000.

Atlantic Union Bankshares Trading Down 0.1%

AUBAP opened at $24.32 on Wednesday. The firm’s 50 day moving average is $24.49 and its 200-day moving average is $24.62. Atlantic Union Bankshares Co. has a 52-week low of $22.80 and a 52-week high of $27.96.

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.