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Baxter Bros Inc. Invests $18.7 Million in Amazon.com

Guavy AI Editorial Team
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AMZN
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Baxter Bros Inc., an institutional investor, has purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) worth approximately $18,701,000. The fund acquired 78,464 shares during the second quarter.

This is one of several recent investments by Baxter Bros Inc. in Amazon's stock, making it the company's 12th biggest holding at 2.2% of its portfolio.

Amazon.com has also received significant investment from other institutional investors and hedge funds, with Trust Asset Management LLC increasing its stake in the e-commerce giant by 3.3% during the second quarter.

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