Vaughan Nelson Investment Management L.P. bought a new stake in shares of Wolverine World Wide, Inc. ( NYSE:WWW – Free Report ) during the first quarter, Holdings Channel reports. The fund bought 1,070,350 shares of the textile maker's stock, valued at approximately $18,250,000. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Citigroup Inc. lifted its holdings in Wolverine World Wide by 0.8% in the 1st quarter. Citigroup Inc.

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