Spinnaker Trust Ups Stake in Amazon.com Amid Strong Earnings Report
Spinnaker Trust increased its holdings in shares of Amazon.com by 6.7% in the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The fund owned 82,954 shares of the e-commerce giant's stock after purchasing an additional 5,223 shares during the quarter.
Amazon.com makes up about 1.0% of Spinnaker Trust's investment portfolio, making the stock its 24th biggest holding.