Royal Bank Cuts Stake in Anheuser-Busch InBev

Royal Bank of Canada has reduced its stake in Anheuser-Busch InBev SA/NV by selling 230,711 shares during the first quarter.

The bank owned 1,048,221 shares after the sale, accounting for 0.05% of the company's total stock value, which was worth $72,715,000 as per its most recent SEC filing.

This move is part of a larger trend, with other hedge funds like Balanced Rock Investment Advisors LLC and Persium Advisors LLC increasing their stakes in Anheuser-Busch InBev SA/NV during the same period.