Hsbc Holdings PLC Takes $4.33 Million Position in Atlantic Union Bankshares Co. $AUBAP

Hsbc Holdings PLC purchased a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 102,251 shares of the company’s stock, valued at approximately $4,335,000.

Other institutional investors also recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Atlantic Union Bankshares during the 2nd quarter valued at about $38,000. Manning & Napier Advisors LLC bought a new position in Atlantic Union Bankshares in the 2nd quarter worth about $70,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Atlantic Union Bankshares during the second quarter worth approximately $200,000. Global Retirement Partners LLC purchased a new position in shares of Atlantic Union Bankshares during the second quarter worth approximately $206,000. Finally, Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of Atlantic Union Bankshares during the second quarter valued at approximately $262,000.

Atlantic Union Bankshares Stock Down 0.1%

Atlantic Union Bankshares stock opened at $24.34 on Friday. The company has a 50 day moving average price of $24.51 and a 200-day moving average price of $24.63. 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 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.