RBC Scales Back Holdings in Old Dominion Freight Line

Royal Bank of Canada has reduced its holdings in Old Dominion Freight Line, Inc. by 34.3% in the first quarter.

The bank's most recent 13F filing with the Securities & Exchange Commission shows that it owned approximately 351,613 shares of the transportation company's stock after selling 183,635 shares during the quarter.

As a result, Royal Bank of Canada now owns about 0.17% of Old Dominion Freight Line worth $68,705,000 as of its most recent filing with the Securities & Exchange Commission.