William Blair Investment Management LLC Makes New Investment in Atlantic Union Bankshares Co. $AUBAP

William Blair Investment Management LLC bought a new stake in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,265,239 shares of the company’s stock, valued at approximately $53,532,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Atlantic Union Bankshares during the second quarter worth about $883,523,000. Bank of New York Mellon Corp bought a new stake in Atlantic Union Bankshares in the 2nd quarter valued at about $57,151,000. Deutsche Bank AG acquired a new position in Atlantic Union Bankshares during the 2nd quarter valued at about $6,410,000. First National Bank of Omaha acquired a new position in Atlantic Union Bankshares during the 2nd quarter valued at about $2,599,000. Finally, Vise Technologies Inc. bought a new position in Atlantic Union Bankshares in the 2nd quarter worth about $474,000.

Atlantic Union Bankshares Stock Performance

Shares of NASDAQ:AUBAP opened at $24.50 on Friday. The firm’s 50 day moving average is $24.55 and its two-hundred day moving average is $24.64. Atlantic Union Bankshares Co. has a 52 week low of $22.80 and a 52 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.