Stocks
Bollard Group Boosts Apple Stake, Institutional Ownership Rises
Bollard Group LLC significantly increased its stake in Apple Inc.'s (NASDAQ:AAPL) stock during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.
The firm acquired an additional 3,025 shares of AAPL's stock, bringing its total holdings to 64,182 shares worth $16.29 million at the end of the period.
Other notable investors have also increased their stakes in Apple, including Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC.
The institutional ownership of AAPL has risen to 67.73%, with many analysts predicting continued growth for the tech giant.