Apple Gains New Investor as Institutional Ownership Reaches Record Levels
Trail Ridge Investment Advisors LLC has made a new investment in Apple Inc., purchasing 49,519 shares of the company's stock valued at approximately $14,329,000. This purchase represents about 6.1% of Trail Ridge's portfolio and makes it the firm's fifth largest position.
Nuveen LLC also increased its stake in Apple during the fourth quarter, adding 2,725,121 shares to bring its total holdings to 75,000,920 shares valued at $20,389,750,000. Amundi raised its investment in Apple by 23.2% in the first quarter, while Dimensional Fund Advisors LP lifted its stake in the company by 1.7% during the same period.
Deutsche Bank AG acquired a new stake in Apple during the second quarter valued at approximately $13,658,359,000. Institutional investors own about 67.73% of Apple's stock.