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Forex

RBC Boosts Stake in Deere & Company to $710.97 Million

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada has bolstered its stake in Deere & Company by 9.2% during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The fund owned 1,262,146 shares of Deere & Company after acquiring an additional 106,349 shares during the period. This represents a total stock position worth $710.97 million.

This is not an isolated instance of increased investment in Deere & Company; other institutional investors and hedge funds have also added to or reduced their stakes in the company.

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