Bontempo Ohly Capital Mgmt LLC Buys New Shares in Atlantic Union Bankshares Co. $AUBAP

Bontempo Ohly Capital Mgmt LLC acquired a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 37,519 shares of the company’s stock, valued at approximately $1,587,000. Atlantic Union Bankshares makes up approximately 0.7% of Bontempo Ohly Capital Mgmt LLC’s portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. William Blair Investment Management LLC bought a new stake in Atlantic Union Bankshares in the second quarter valued at $53,532,000. Deutsche Bank AG acquired a new stake in shares of Atlantic Union Bankshares in the 2nd quarter valued at about $6,410,000. Commerce Bank bought a new stake in Atlantic Union Bankshares in the 2nd quarter valued at about $2,728,000. Martin & Co. Inc. TN acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $3,699,000. Finally, First National Bank of Omaha acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $2,599,000.

Atlantic Union Bankshares Trading Down 0.1%

Shares of NASDAQ:AUBAP opened at $24.43 on Thursday. Atlantic Union Bankshares Co. has a 52-week low of $22.80 and a 52-week high of $27.96. The business’s 50 day simple moving average is $24.53 and its two-hundred day simple moving average is $24.64.

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.