Shepherd Financial Partners Invests Heavily in Amazon Amid Institutional Buying Spree

Shepherd Financial Partners LLC has invested in Amazon.com, Inc., purchasing shares worth approximately $19.78 million during the second quarter.

The company acquired 83,008 shares of Amazon's stock, making it their eighth largest position, which comprises around 1.6% of Shepherd Financial Partners' investment portfolio.

This is not an isolated instance; other institutional investors have also increased their stakes in Amazon during the same period.