Stocks
Avanda Invests Heavily in Apple Shares
Avanda Investment Management Pte. Ltd., an institutional investor, purchased 5,820 shares of Apple Inc.'s stock in the second quarter, valued at approximately $1.684 million.
This represents a new stake for Avanda in Apple's shares, and accounts for about 0.6% of its holdings, making it the company's 18th largest position.
In contrast, Nuveen LLC increased its stake in Apple by 3.8% in the fourth quarter, now owning 75 million shares worth $20.39 billion.