RBC Cuts Stake in Graco Shares by 10%

Royal Bank of Canada has reduced its stake in Graco Inc. shares by 9.9% during the first quarter, according to a recent filing with the SEC.

The bank owned approximately 355,828 shares of the industrial products company's stock after selling 38,985 shares during the period.

At the end of the most recent reporting period, Royal Bank of Canada's stake in Graco was worth around $30.12 million and accounted for about 0.21% of the company's total shares outstanding.