Royal Bank of Canada Boosts Stake in Colgate-Palmolive by 4.4%

Royal Bank of Canada increased its stake in Colgate-Palmolive Company by 4.4% during the first quarter, according to its latest filing with the Securities & Exchange Commission.

The fund owned nearly 5 million shares of Colgate-Palmolive stock after buying an additional 209,000 shares during the period.

Royal Bank of Canada's stake in Colgate-Palmolive is valued at around $421 million and accounts for about 0.62% of the company's outstanding shares.