Forex
Royal Bank of Canada Boosts Stake in FrontView REIT by Over 6,100%
Royal Bank of Canada significantly increased its stake in FrontView REIT, Inc. (NYSE:FVR) during the first quarter, according to a recent Form 13F filing with the Securities & Exchange Commission.
The bank's institutional investor portfolio grew by 6,163.9% as it purchased an additional 80,131 shares of the company's stock, bringing its total holdings to 81,431 shares.
This acquisition represents a significant increase in Royal Bank of Canada's ownership stake in FrontView REIT, with the bank now owning 0.36% of the company's outstanding shares, valued at $1,260,000 as of the end of the quarter.