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Versor Investments LP Lowers Stake in Atlantic Union Bankshares Co. (NASDAQ:AUB) - ETF Daily News
Source: etfdailynews.com
Article summary:
1. Versor Investments LP reduced its stake in Atlantic Union Bankshares Co. (NASDAQ:AUB) by 13.9% in the 3rd quarter.
2. Other hedge funds have also recently added to or reduced their stakes in the company, including Vanguard Group Inc., Dimensional Fund Advisors LP, Wellington Management Group LLP, State Street Corp and Franklin Resources Inc.
3. Atlantic Union Bankshares recently announced a quarterly dividend and insiders have purchased 25,435 shares of company stock worth $882,345 in the last ninety days.
Article analysis:
The article is generally reliable and trustworthy as it provides factual information about Versor Investments LP's stake in Atlantic Union Bankshares Co., other hedge funds' investments in the company, Atlantic Union Bankshares' stock performance, dividend announcement and insider buying activity. The article is well-sourced with references to SEC filings and other sources such as analysts' forecasts for the current fiscal year. The article does not appear to be biased or one-sided as it presents both sides of the story equally without any promotional content or partiality towards either side. It also does not appear to be missing any points of consideration or evidence for claims made as all relevant information is provided in detail. There are no unexplored counterarguments or missing counterpoints as all relevant facts are presented clearly and concisely without any omissions or inaccuracies. The article does note possible risks associated with investing in Atlantic Union Bankshares Co., which adds to its trustworthiness and reliability.