Biondo Investment Advisors Buys $55 Million Worth of Apple Stock

Biondo Investment Advisors LLC purchased 190,471 shares of Apple Inc. (NASDAQ:AAPL) during the second quarter, according to its most recent 13F filing with the SEC.

The institutional investor bought the stock at a value of approximately $55,115,000, making it Biondo's largest holding, accounting for 6.7% of their total holdings.

This is not an isolated instance, as other large investors also recently modified their stakes in Apple.