Man Group plc Invests $2.05 Million in Atlantic Union Bankshares Co. $AUBAP

Man Group plc bought a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 48,549 shares of the company’s stock, valued at approximately $2,054,000.

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

Atlantic Union Bankshares Stock Performance

NASDAQ AUBAP opened at $24.32 on Wednesday. Atlantic Union Bankshares Co. has a one year low of $22.80 and a one year high of $27.96. The company’s 50 day moving average price is $24.49 and its 200 day moving average price is $24.62.

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.