Royal Bank of Canada Boosts Stake in Snap-On Incorporated

Royal Bank of Canada increased its stake in Snap-On Incorporated (SNA) by purchasing an additional 13,665 shares during the first quarter.

The fund owned about 0.21% of Snap-On's stock worth $40,333,000 as of its most recent filing with the Securities and Exchange Commission.

This is part of a larger trend where several hedge funds have added to or reduced their stakes in the company, including Auto Owners Insurance Co., Norges Bank, and UBS Group AG.