Royal Bank of Canada (RBC) reduced its stake in Alamos Gold Inc. (AGI) by 4% during the first quarter, according to a recent Form 13F filing.
The bank owned about 1.77% of AGI's stock, which is valued at $330 million, after selling 313,637 shares during the period.
This was not an isolated move; several other hedge funds and institutional investors also adjusted their holdings in AGI during the first quarter.
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