Royal Bank of Canada Boosts Stake in Frontline PLC Amid Shipping Market Volatility

Royal Bank of Canada significantly increased its stake in Frontline PLC (NYSE:FRO) during the first quarter, according to a recent SEC filing.

The bank's position in FRO grew by 57.7% as it purchased an additional 25,218 shares, bringing its total holdings to 68,954 shares worth $2.4 million.

This increase is part of a broader trend in which several institutional investors have boosted their stakes in Frontline.