TrueWealth Takes $5.25 Million Bet on Amazon
TrueWealth Financial Partners has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN), taking a $5.25 million position in the e-commerce giant.
The institutional investor bought 25,223 shares of Amazon's stock during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
This represents about 2.1% of TrueWealth Financial Partners' holdings, making it the company's 14th largest holding.