Affiliated Managers Group Leads the Pack in Tracked Housing Stock Gains

Stocks crossed the finish line of March running as the three major indexes all advanced, the Dow Jones Industrial Average rising +134.6 point, +0.82 percent, to end the month at 16,457.66. The Nasdaq gained +43.23 points, +1.04 percent, to finish the month at 4,198.99, while the S&P added +14.72 points, +0.79 percent, closing at 1,872.34, according to CNNMoney. The Yahoo! Finance Manufactured Housing Composite edged up +0.60 percent to close at 766.28. Nearly all housing stocks we track in today’s trading closed up or even. Affiliated Managers Group gained the most of tracked stocks, +4.75 percent, +9.07 points, to close at 200.05. Cavco Industries, Inc. was the sole stock we follow that nudged down, losing -0.48 percent, -0.38 points, to close at 78.26. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 187,350, +2,201.00 points (+1.19%). Deer Valley remained unchanged at 75.00. Drew Industries, Inc. 54.20 +1.53 (+2.90%). Equity LifeStyle Properties 40.69 +0.34 (+0.86%). Liberty Homes remained steady at 0.80. Louisiana Pacific Corp. 16.87 +0.31 (+1.87%). Nobility Homes remained unchanged at 11.70. Patrick Industries 44.34 +1.25 (+2.92%). Skyline Corp. 6.05 +0.09 (+1.51%). Sun Communities, Inc. 45.09 +0.67 (+1.51%). Third Avenue Value Fund (March 28) 57.19 +0.34 (+0.60%). UMH Properties 9.78 +0.09 (+0.93%). Universal Forest Products, Inc. 55.34 +1.57 (+2.92%). ##

(Graphic credit: CNNMoney and RealTick)

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