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Bamco Inc. NY Acquires Significant Stake in Amazon

Guavy AI Editorial Team
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AMZN
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Amazon.com, Inc.'s shares have been acquired by Bamco Inc. NY in the second quarter. The fund bought 1,956,523 shares of Amazon's stock, valued at approximately $466,318,000.

This investment represents a significant stake for Bamco Inc. NY in Amazon's e-commerce giant. Amazon makes up 0.7% of Bamco Inc. NY's investment portfolio, making the stock its 24th biggest position.

Several other large investors have also recently modified their holdings of Amazon.com stock. Bank of America Corp DE acquired a new stake in Amazon.com in the 2nd quarter valued at $22,218,775,000, while Bank of New York Mellon Corp bought a new position in Amazon.com during the second quarter worth $16,341,405,000.

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