Martin & Co. Inc. TN Makes New $3.70 Million Investment in Atlantic Union Bankshares Co. $AUBAP

Martin & Co. Inc. TN bought a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 87,417 shares of the company’s stock, valued at approximately $3,699,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Global Retirement Partners LLC purchased a new position in Atlantic Union Bankshares during the second quarter worth about $206,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in Atlantic Union Bankshares in the second quarter valued at $262,000. PCM Encore LLC acquired a new stake in Atlantic Union Bankshares in the second quarter valued at $270,000. Csenge Advisory Group purchased a new stake in shares of Atlantic Union Bankshares during the 2nd quarter worth $279,000. Finally, NewEdge Wealth LLC purchased a new stake in shares of Atlantic Union Bankshares during the 2nd quarter worth $284,000.

Atlantic Union Bankshares Stock Up 0.2%

NASDAQ:AUBAP opened at $24.51 on Friday. The firm’s fifty day simple moving average is $24.55 and its 200-day simple moving average is $24.64. Atlantic Union Bankshares Co. has a fifty-two week low of $22.80 and a fifty-two week 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.