Ames National Corp Buys into Apple with a New Stake

Ames National Corp acquired 17,539 shares of Apple Inc. (NASDAQ:AAPL) in its latest disclosure to the SEC for the second quarter.

The new stake was valued at approximately $5,075,000, representing about 2.8% of Ames National Corp's portfolio and making it the company's eighth-largest position.

This is not an isolated incident; other institutional investors have been increasing their stakes in Apple as well.

Nuveen LLC raised its position in shares of Apple by 3.8% during the fourth quarter, owning 75,000,920 shares worth $20,389,750,000 after buying an additional 2,725,121 shares in the last quarter.