Advus Financial and Washington Trust Trim Apple Stakes Amid Routine Insider Disclosures

Institutional investors continue to adjust their holdings in Apple Inc., with Advus Financial Partners LLC trimming its stake by 15.7% to 24,746 shares valued at about $7.16 million during the second quarter. This follows a 5.2% reduction by Washington Trust Advisors Inc., which offloaded 14,715 shares while maintaining a $76.998 million position. Overall institutional ownership stands at 67.73%. Alongside institutional rebalancing, recent regulatory filings disclosed routine insider share sales to cover equity vesting tax liabilities, including 191,753 shares sold by CEO Timothy Cook for approximately $63.85 million.