Canandaigua National Bank & Trust Co. Invests in Amazon.com
Canandaigua National Bank & Trust Co., a financial institution, has made a new investment in Amazon.com, Inc. (NASDAQ:AMZN) stock. According to its most recent disclosure with the Securities and Exchange Commission, the fund bought 55,944 shares of the e-commerce giant's stock valued at approximately $13,334,000.
This purchase makes up about 1.1% of Canandaigua National Bank & Trust Co.'s investment portfolio, making Amazon.com its 19th largest position.