Institutional Investors Pile into Apple Ahead of Quarterly Dividend Announcement

Chase Investment Counsel Corp has increased its stake in Apple Inc. (NASDAQ:AAPL) by 85.5% during the first quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,600 shares of Apple's stock after purchasing an additional 2,120 shares during the period.

The value of Chase Investment Counsel Corp's holdings in Apple was $1,167,000 as of its most recent SEC filing. This is not the only significant move by institutional investors this quarter - Norges Bank acquired a new stake in Apple worth $52,266,468,000 during the fourth quarter.

Nuven LLC also acquired a new position in shares of Apple valued at approximately $17,472,482,000. Cardano Risk Management B.V. raised its stake in shares of Apple by 890.7% in the fourth quarter, and Laurel Wealth Advisors LLC boosted its stake in shares of Apple by 20,464.8% in the second quarter.