Dimensional Fund Advisors Sells Stake in Applied Optoelectronics

Dimensional Fund Advisors LP reduced its stake in Applied Optoelectronics (NASDAQ:AAOI) by 25.9% during the first quarter, according to a recent Form 13F filing with the SEC.

The institutional investor owned 309,894 shares of the semiconductor company's stock after selling 108,325 shares during the quarter.

Dimensional Fund Advisors LP held 0.39% of Applied Optoelectronics worth $26,214,000 at the end of the most recent reporting period.

Other institutional investors also made significant moves in their stakes during the same time period. Assenagon Asset Management S.A. bought a new stake in Applied Optoelectronics valued at approximately $4,125,000, while Next Century Growth Investors LLC acquired a new stake worth around $16,220,000.

Swiss National Bank increased its stake in Applied Optoelectronics by 9.8% during the first quarter and now owns 128,300 shares of the company's stock, valued at about $10,853,000.