Cypress Capital Group Cuts Apple Stake by 5.3%
Cypress Capital Group reduced its stake in Apple Inc. by 5.3% during the first quarter, according to a recent 13F filing with the Securities & Exchange Commission.
The institutional investor now owns 190,977 shares of Apple's stock after selling 10,775 shares during the period.
This represents Apple as Cypress Capital Group's largest position, comprising 5.4% of its holdings, which were worth $48,468,000 at the end of the quarter.