Arkadios Wealth Advisors Boosts Stake in Royal Bank of Canada

Arkadios Wealth Advisors, a financial services company, has increased its stake in Royal Bank of Canada (NYSE:RY) by 106.3% in the first quarter, according to a recent disclosure with the SEC.

The firm now owns 42,037 shares of RY's stock, valued at $6,801,000 as of its most recent filing.

This significant increase is part of a broader trend, as several other hedge funds have also added to or reduced their stakes in Royal Bank Of Canada.

The institutional investors own 45.31% of the company's stock, with Vanguard Group Inc., FIL Ltd, and Norges Bank among those who have increased their holdings.