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RBC Boosts Stake in Stryker with New Share Purchase

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CAD
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Royal Bank of Canada (RBC) has increased its stake in Stryker Corporation (SYK), purchasing an additional 199,863 shares during the first quarter. This represents a 6.5% boost to RBC's overall stake in SYK.

The total value of RBC's holdings is now approximately $1.075 billion, accounting for about 0.85% of Stryker's outstanding shares.

This move follows other institutional investors such as Brighton Jones LLC and Marshall Wace LLP also increasing their stakes in SYK during the second quarter.

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