TrueWealth Financial Partners Takes $3.8 Million Apple Bet

TrueWealth Financial Partners made its first major investment in Apple Inc. (NASDAQ:AAPL), purchasing 15,158 shares worth approximately $3,847,000 in the first quarter.

The stake accounts for 1.5% of TrueWealth Financial Partners' holdings and ranks as their 16th largest position.

This is not an isolated incident; multiple institutional investors have recently increased their Apple holdings. Rainier Family Wealth Inc. raised its shares by 14.1%, Eaton Cambridge Inc. boosted its holding by 21.3%, and Torren Management LLC acquired a new stake in the fourth quarter.