Alpine Woods Capital Cuts Apple Stake
Alpine Woods Capital Investors LLC has reduced its stake in Apple Inc. (NASDAQ:AAPL) by 44.7% in the first quarter, according to a recent filing with the Securities and Exchange Commission.
The firm now owns 33,696 shares of Apple's stock, which is valued at $8,552,000 and accounts for 2.1% of its investment portfolio.
Apple is Alpine Woods Capital Investors LLC's 8th largest holding, a testament to the company's confidence in the tech giant.