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Royal Bank of Canada Sells Off 276,722 Shares of General Motors Stock

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada reduced its stake in General Motors by 6.7% during the first quarter, selling 276,722 shares and lowering its holdings to 3,836,432 shares.

The bank's ownership of GM stock is now valued at $285,812,000, accounting for about 0.43% of the company's total value.

This adjustment was part of a broader trend among institutional investors and hedge funds, who collectively modified their holdings in General Motors during the quarter.

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