Vectors Research Management Boosts Stake in Apple Inc.

Vectors Research Management LLC recently acquired an additional 1,890 shares of Apple Inc.'s (NASDAQ:AAPL) stock during the first quarter. This purchase represents a 4.6% increase in the institutional investor's holdings in Apple. As a result, Vectors Research Management now owns 42,586 shares of Apple's stock, valued at $10,808,000 as of its most recent SEC filing. Apple accounts for 3.2% of Vectors Research Management LLC's investment portfolio.

Other large investors have also made changes to their positions in Apple during the fourth quarter. Vanguard Group Inc. raised its position in shares of Apple by 1.9%, increasing its stake to 1,426,283,914 shares worth $387,749,545,000. State Street Corp increased its stake in shares of Apple by 1.1% and now owns 604,056,505 shares worth $164,218,801,000.

Apple's stock has been performing well recently, with the company reporting record June-quarter revenue of $109.4 billion, up 16.4% year over year. The company also declared a quarterly dividend of $0.27 per share, payable August 13 to shareholders of record August 10.