Royal Bank of Canada Dumps Large Portion of LendingTree Stake
Royal Bank of Canada significantly reduced its stake in LendingTree, Inc. (NASDAQ:TREE) during the first quarter by selling off 53,295 shares.
This led to a holdings decrease of 95.7% for Royal Bank of Canada, who now owns 2,370 shares valued at $102,000 as per their latest SEC filing.
Other institutional investors also made changes to their stakes in LendingTree during the same period.