Royal London Asset Management Boosts Apple Stake by 3.6%

Royal London Asset Management Ltd., a major financial institution, has increased its stake in Apple Inc. (NASDAQ:AAPL) by 3.6% in the second quarter. The company acquired an additional 355,942 shares during this period, bringing its total holdings to 10,335,156 shares of Apple stock.

This represents a significant investment for Royal London Asset Management Ltd., with Apple accounting for approximately 5.5% of its holdings. As a result, Apple is the company's second-largest position, valued at $2.99 billion.

Other institutional investors have also shown interest in Apple stock, including Berkshire Hathaway Inc., Bank of America Corp DE, and Nuveen LLC, which acquired new stakes in Apple during the second quarter.