RB Capital Doubles Down on Amazon with $11M Stake
RB Capital Management LLC, an institutional investor, has acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter.
The company purchased 46,962 shares of the e-commerce giant's stock, valued at approximately $11,193,000.
This acquisition makes Amazon.com comprise approximately 2.2% of RB Capital Management LLC's portfolio, making it their 7th largest position.