RBC Cuts Stake in Brunswick Corporation Amid Q1 Sell-Off
Royal Bank of Canada has reduced its stake in Brunswick Corporation (NYSE:BC) by 10.4% during the first quarter, according to a recent filing with the Securities and Exchange Commission.
The institutional investor owned approximately 147,634 shares of the company's stock after selling 17,147 shares during the period, worth around $10.74 million as of its most recent SEC filing.
Other institutional investors have also modified their holdings in Brunswick Corporation, including Norges Bank, AQR Capital Management LLC, Invesco Ltd., and Marshall Wace LLP.