City Holding Co. Boosts Stake in Amazon.com by Nearly 3%

City Holding Co., an institutional investor, has increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% during the second quarter.

This was revealed through a recent Form 13F filing with the SEC, which shows that City Holding Co. now owns 86,979 shares of Amazon's stock.

The e-commerce giant comprises approximately 2.3% of City Holding Co.'s investment portfolio, making it its fifth-largest holding.

City Holding Co.'s holdings in Amazon.com were worth $20,730,000 as of its most recent SEC filing.