Martin & Co. Inc. TN Invests $3.70 Million in Atlantic Union Bankshares Co. $AUBAP

Martin & Co. Inc. TN bought a new stake in shares of Atlantic Union Bankshares Co. (NASDAQ:AUBAP) in the 2nd quarter, Holdings Channel.com reports. The fund bought 87,417 shares of the company’s stock, valued at approximately $3,699,000.

Other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new stake in Atlantic Union Bankshares during the 2nd quarter valued at $206,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Atlantic Union Bankshares during the second quarter worth $262,000. PCM Encore LLC purchased a new stake in shares of Atlantic Union Bankshares in the second quarter valued at $270,000. Csenge Advisory Group purchased a new stake in shares of Atlantic Union Bankshares in the second quarter valued at $279,000. Finally, NewEdge Wealth LLC acquired a new position in Atlantic Union Bankshares in the second quarter valued at $284,000.

Atlantic Union Bankshares Trading Up 0.2%

NASDAQ AUBAP opened at $24.51 on Friday. The business’s 50-day moving average price is $24.55 and its 200 day moving average price is $24.64. Atlantic Union Bankshares Co. has a twelve month low of $22.80 and a twelve month high of $27.96.

Atlantic Union Bankshares 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.