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Buffett's Berkshire increases bet on Amazon.com

Credit: REUTERS/SCOTT MORGAN

Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, as U.S. stock indexes traded near record highs.

Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway Inc BRKa.N on Wednesday said it boosted its stake in Amazon.com Inc AMZN.O by 11% during the second quarter, as U.S. stock indexes traded near record highs.

Berkshire said it owned 537,300 Amazon shares worth about $1.02 billion as of June 30, up from 483,300 shares three months earlier.

The disclosure was made in a regulatory filing detailing Berkshire's U.S.-listed stocks as of June 30.

(Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis)

((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net))

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