Business

Amazon’s Expansion into Healthcare: What it Means for Investors

DAVENPORT & Co LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,847,235 shares of the e-commerce giant’s stock after buying an additional 284,312 shares during the period. Amazon.com makes up approximately 1.8% of DAVENPORT & Co LLC’s holdings, making the stock its 6th largest holding. DAVENPORT & Co LLC’s holdings in Amazon.com were worth $240,279,000 at the end of the most recent reporting period.
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