Royal Bank Cuts Stake in Marathon Petroleum

Royal Bank of Canada decreased its stake in Marathon Petroleum Corporation by 14.5% during the first quarter, according to the bank's most recent 13F filing with the SEC.

The institutional investor sold 146,040 shares of MPC stock during the period and now owns 858,218 shares of the oil and gas company's stock.

This represents a decrease in Royal Bank of Canada's stake in Marathon Petroleum Corporation to about 0.29% of the company's outstanding shares, worth approximately $209,559,000 as of its most recent filing with the SEC.