Forex
Cidel Asset Management Reduces Stake in Royal Bank Of Canada
Cidel Asset Management Inc. recently sold off shares of Royal Bank Of Canada (NYSE:RY), reducing its holdings by 5.8% in the second quarter.
The institutional investor now owns 521,130 shares of RY stock after selling 32,341 shares during the period.
According to its most recent disclosure with the Securities & Exchange Commission, Cidel Asset Management Inc.'s holdings in Royal Bank Of Canada were worth $107,873,000 as of its latest SEC filing.
Royal Bank Of Canada makes up a significant portion of Cidel Asset Management Inc.'s portfolio, accounting for 5.2% of the company's holdings.