Vanguard Group Inc. boosted its position in shares of Universal American Co. (NYSE:UAM) by 8.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,931,847 shares of the financial services provider’s stock after buying an additional 322,807 shares during the period. Vanguard Group Inc.’s holdings in Universal American were worth $39,201,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UAM. Gabelli Funds LLC raised its position in Universal American by 20.7% in the first quarter. Gabelli Funds LLC now owns 1,066,539 shares of the financial services provider’s stock worth $10,633,000 after buying an additional 182,779 shares during the last quarter. Weiss Asset Management LP raised its stake in Universal American by 5,200.2% in the first quarter. Weiss Asset Management LP now owns 1,010,275 shares of the financial services provider’s stock valued at $10,072,000 after buying an additional 991,214 shares in the last quarter. State Street Corp raised its stake in Universal American by 0.7% in the fourth quarter. State Street Corp now owns 855,438 shares of the financial services provider’s stock valued at $8,514,000 after buying an additional 5,661 shares in the last quarter. Longfellow Investment Management Co. LLC raised its stake in Universal American by 1.0% in the first quarter. Longfellow Investment Management Co. LLC now owns 797,941 shares of the financial services provider’s stock valued at $7,955,000 after buying an additional 7,941 shares in the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in Universal American by 17.8% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 646,531 shares of the financial services provider’s stock valued at $6,446,000 after buying an additional 97,550 shares in the last quarter. Institutional investors and hedge funds own 85.70% of the company’s stock.

Universal American Co. (NYSE UAM) remained flat at $9.97 during mid-day trading on Monday. The company’s stock had a trading volume of 136,320 shares. The firm’s 50-day moving average price is $9.97 and its 200 day moving average price is $9.96. Universal American Co. has a 52 week low of $6.72 and a 52 week high of $10.13.

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Universal American Company Profile

Universal American Corp. provides an array of health insurance and managed care products and services to people covered by Medicare. The Company’s segments include Medicare Advantage, Management Services Organization (MSO), and Corporate & Other. The Medicare Advantage segment contains the operations of its initiatives in managed care for seniors.

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Institutional Ownership by Quarter for Universal American (NYSE:UAM)

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