Blume Capital Management Inc. lessened its position in shares of Applied Materials, Inc. ( NASDAQ:AMAT – Get Rating ) by 5.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,665 shares of the manufacturing equipment provider's stock after selling 3,649 shares during the period. Applied Materials accounts for 1.9% of Blume Capital Management Inc.'s investment portfolio, making the stock its 17th largest position.

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