Northwestern Mutual Sells More Apple Shares

Northwestern Mutual Wealth Management Co., a financial institution, has reduced its stake in Apple Inc. by 2.8% in the second quarter, according to a recent 13F filing with the Securities and Exchange Commission.

The company owned 3,571,020 shares of Apple's stock after selling 102,621 shares during the period, making Apple its 28th biggest position at around 0.6% of Northwestern Mutual Wealth Management Co.'s holdings.

The value of Apple's stake in the firm was $1,033,310,000 at the end of the most recent reporting period.