Vanguard Cuts Stake in Apple After Significant Holding

Vanguard Capital Wealth Advisors has slightly reduced its position in Apple Inc., the iPhone maker, by selling 1,931 shares during the second quarter. The move represents a 3.5% decrease in the company's holdings in AAPL.

The fund now owns 53,924 shares of Apple's stock, valued at $15,604,000. This accounts for 10.8% of Vanguard Capital Wealth Advisors' portfolio, making it the biggest holding in the company's portfolio.

Others have also been buying and selling AAPL during this time period. Berkshire Hathaway Inc. purchased a new position in shares of Apple during the second quarter valued at about $65,950,297,000. Bank of America Corp DE bought 36,986,090,000 worth of Apple stock in the same timeframe.