Brandywine Global Investment Management LLC boosted its position in American Equity Investment Life Holding ( NYSE:AEL – Free Report ) by 19.9% in the 1st quarter, HoldingsChannel reports. The firm owned 229,006 shares of the financial services provider's stock after purchasing an additional 37,962 shares during the period. Brandywine Global Investment Management LLC's holdings in American Equity Investment Life were worth $8,356,000 at the end of the most recent reporting period. Several other institutional investors have also recently added to or reduced their stakes in the company.

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