According to the most recent Form 13F filing that RE Dickinson Investment Advisors LLC made with the Securities and Exchange Commission, during the third quarter of 2018, the company purchased shares of Advanced Drainage Systems, Inc. (NYSE: WMS) (SEC). The institutional investor purchased 4,257 shares of the construction company’s stock at approximately $529,000, bringing the total amount spent to approximately $529,000. RE Dickinson Investment Advisors LLC’s 26th largest investment is Advanced Drainage Systems, and the proportion of the total assets it manages that are attributable to this particular investment is approximately 0.4%.
Recent months have seen several recent shifts in strategy on the part of hedge funds and other types of institutional investors regarding how they invest in the company. During the first quarter, Vanguard Group Inc. increased the amount of Advanced Drainage Systems stock owned by 11.1%. Vanguard Group Inc. now holds 5,287,218 shares of the construction company’s stock, with a market value of $628,174,000. This resulted from purchasing 526,175 additional shares during the most recent fiscal quarter. During the second quarter of 2018, Allspring Global Investments Holdings LLC made a 2.1% purchase of additional shares of Advanced Drainage Systems, increasing the total percentage of that company’s stock that it owned. Allspring Global Investments Holdings LLC now has 1,144,133 shares of the construction company’s stock following purchasing an additional 23,902 shares during the most recent quarter. The shares have a combined value of $103,051,000 because Allspring Global Investments Holdings LLC has 1,144,133. The amount of money that State Street Corporation invested in Advanced Drainage Systems during the second quarter was 29.9% higher than it invested during the first quarter. The State Street Corporation now has 1,143,870 shares in the construction business after purchasing an additional 263,308 shares during the most recent quarter for a total of 1,143,870 shares. These shares are currently worth a total of $103,028,000 as of right now. During the second quarter, William Blair Investment Management LLC increased the value of its holdings in Advanced Drainage Systems by purchasing an additional 79,003 shares of the company. And finally, during the second quarter, UBS Asset Management Americas Inc. increased the amount of Advanced Drainage Systems stock owned by 1.3%, bringing the total percentage of shares it owned to 11.5%. UBS Asset Management Americas Inc. now has a total of 860,732 shares of the construction company’s stock after purchasing an additional 11,240 shares during the most rec