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NewEdge Boosts Stake in Amazon.com to Over $140 Million

Guavy AI Editorial Team
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AMZN
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NewEdge Wealth LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the first quarter, according to a recent SEC filing.

The institutional investor owned 672,432 shares of the e-commerce giant's stock after purchasing an additional 9,507 shares during the quarter.

Amazon.com makes up 1.7% of NewEdge Wealth LLC's portfolio, making it the company's ninth largest position.

NewEdge Wealth LLC's holdings in Amazon.com were worth $140,047,000 as of its most recent SEC filing.

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