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Legal & General Invests $1.65B in Royal Bank Of Canada

Guavy AI Editorial Team
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CAD
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LONDON - Legal & General Group Plc has bought $1.65 billion worth of shares in Royal Bank Of Canada, according to its recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor acquired 7,950,572 shares of RBC's stock in the second quarter, representing approximately 0.57% of the company's outstanding shares.

This is not the first time Legal & General Group Plc has invested in Royal Bank Of Canada; however, it marks a significant increase in its holdings.

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