Bridgewater Advisors Invests $1.80 Million in Royal Bank Of Canada
Bridgewater Advisors Inc., a prominent investment firm, has made a new $1.80 million investment in Royal Bank Of Canada (RY), purchasing 8,531 shares of the financial services provider's stock valued at approximately $1,796,000.
This is not Bridgewater Advisors' first foray into investing in RY; it's actually one of several institutional investors that have bought or sold shares of the company. Norges Bank acquired a new position in Royal Bank Of Canada during the fourth quarter worth $3,472,382,000.
Alberta Investment Management Corp also bought a new position in shares of Royal Bank Of Canada during the fourth quarter valued at $324,237,000. Assenagon Asset Management S.A. boosted its stake in shares of Royal Bank Of Canada by 3,329.9% in the 2nd quarter.
Other notable investors include Vanguard Group Inc., which grew its holdings in shares of Royal Bank Of Canada by 1.9% in the 4th quarter, and Geode Capital Management LLC, which increased its stake by 6.9% in the same period.