Caldwell Sutter Capital Inc. Cuts Stake in Apple by $240,000
Caldwell Sutter Capital Inc., an institutional investor, has reduced its stake in Apple Inc. (NASDAQ:AAPL) by selling a portion of its shares during the first quarter. According to a recent SEC disclosure, Caldwell Sutter Capital Inc. owned approximately 46,573 shares of Apple's stock after selling 1,927 shares.
The sale resulted in a total value of $11,820,000 at the end of the quarter. This accounts for about 4.8% of Caldwell Sutter Capital Inc.'s investment portfolio, making Apple its largest position.
Other institutional investors have also adjusted their holdings in Apple during the fourth quarter. First National Bank of Hutchinson increased its stake by 24.6%, while Eagle Capital Management LLC boosted its stake by 0.5%. Brighton Jones LLC and Revolve Wealth Partners LLC also increased their stakes, respectively.