Royal Bank of Canada Reduces Stake in Federated Hermes by 41.6%

Royal Bank of Canada has reduced its stake in Federated Hermes by 41.6% during the first quarter, according to its latest disclosure with the Securities and Exchange Commission.

The fund owned about 0.06% of Federated Hermes, worth $2,443,000 as of its most recent SEC filing.

Royal Bank of Canada sold 30,710 shares during the quarter, leaving it with a remaining 43,083 shares in the company's stock.