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Manufacturers Life Insurance Company Makes $2.98 Billion Bet on Apple Inc.

Guavy AI Editorial Team
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AAPL
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The Manufacturers Life Insurance Company has invested $2.98 billion in Apple Inc., purchasing 10,302,563 shares of AAPL's stock during the second quarter.

This investment makes up approximately 2.3% of The Manufacturers Life Insurance Company's holdings and represents its sixth largest holding.

The recent investment is part of a larger trend of institutional investors buying into Apple, with other notable purchases including Kelly Lawrence W & Associates Inc., Trajan Wealth LLC, Van Hulzen Asset Management LLC, Veratis Advisors Inc., and Wilmar Advisors LLC.

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