Commerce Bank Acquires Shares of 64,467 Atlantic Union Bankshares Co. $AUBAP

Commerce Bank acquired a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) in the 2nd quarter, Holdings Channel reports. The firm acquired 64,467 shares of the company’s stock, valued at approximately $2,728,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Atlantic Union Bankshares during the 2nd quarter valued at about $200,000. Global Retirement Partners LLC bought a new position in Atlantic Union Bankshares in the second quarter worth about $206,000. Texas Capital Bank Wealth Management Services Inc purchased a new stake in Atlantic Union Bankshares in the second quarter worth about $262,000. PCM Encore LLC purchased a new stake in Atlantic Union Bankshares in the second quarter worth about $270,000. Finally, Csenge Advisory Group bought a new stake in Atlantic Union Bankshares during the 2nd quarter valued at approximately $279,000.

Atlantic Union Bankshares Trading Up 0.2%

AUBAP stock opened at $24.51 on Tuesday. Atlantic Union Bankshares Co. has a fifty-two week low of $22.80 and a fifty-two week high of $27.96. The business’s 50 day moving average price is $24.54 and its two-hundred day moving average price is $24.64.

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.