Forex
Royal Bank Boosts Stake in Liberty Broadband by 8.4%
Royal Bank of Canada increased its stake in Liberty Broadband Corporation by 8.4% in the first quarter, acquiring an additional 34,577 shares.
The bank now owns approximately 443,926 shares of the company's stock, worth around $22.3 million as of its most recent SEC filing.
This move is part of a larger trend of institutional investors increasing their holdings in Liberty Broadband, with a total of 80.22% of the company's stock owned by these investors.