Vanguard Capital buys major stakes in Amazon

Vanguard Capital Wealth Advisors acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,548 shares of the e-commerce giant’s stock, valued at approximately $7,029,000.

Amazon.com accounts for 8.2% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 2nd largest position.

A number of other large investors also recently made changes to their positions in AMZN. Advisor Group Holdings Inc. bought a new stake in Amazon.com in the first quarter valued at $294,639,000. Alliancebernstein L.P. grew its position in Amazon.com by 83.0% in the first quarter.

Alliancebernstein L.P. now owns 1,752,984 shares of the e-commerce giant’s stock valued at $3,417,828,000 after acquiring an additional 795,171 shares during the period. Wellington Management Group LLP grew its position in Amazon.com by 26.1% in the first quarter. Wellington Management Group LLP now owns 2,721,098 shares of the e-commerce giant’s stock valued at $5,305,379,000 after acquiring an additional 563,991 shares during the period.

Girard Partners LTD. grew its position in Amazon.com by 8,783.7% in the first quarter. Girard Partners LTD. now owns 519,965 shares of the e-commerce giant’s stock valued at $12,121,000 after acquiring an additional 514,112 shares during the period. Finally, Capital Research Global Investors grew its position in Amazon.com by 10.7% in the first quarter.

Capital Research Global Investors now owns 4,501,995 shares of the e-commerce giant’s stock valued at $8,777,634,000 after acquiring an additional 435,331 shares during the period.

Hedge funds and other institutional investors own 64.54% of the company’s stock.

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