Dunhill Financial LLC Acquires New Stake in Amazon.com Stock

A new stake in Amazon.com's stock has been acquired by Dunhill Financial LLC. In its most recent disclosure to the Securities & Exchange Commission, the firm revealed that it bought 9,178 shares of the e-commerce giant's stock during the second quarter.

The value of these shares is approximately $2,188,000, making up about 0.4% of Dunhill Financial LLC's portfolio and placing Amazon.com as its 24th largest position.

This acquisition is not an isolated incident; several other hedge funds have also recently made changes to their positions in AMZN, with Red Crane Wealth Management LLC increasing its stake by 2.3% in the first quarter, Robinson Smith Wealth Advisors LLC boosting its holdings by 0.7%, and Sfam LLC raising its position by 3.4%, among others.