Royal Bank of Canada Trims CNO Financial Group Stake by 32.6%

CNO Financial Group reported that Royal Bank of Canada reduced its holdings in CNO Financial by 32.6% during the first quarter, selling 46,387 shares. This move led to a decrease in the fund's ownership stake from 0.14% to 0.10%. The total value of Royal Bank of Canada's position now stands at $3,939,000.

Other institutional investors have also made significant changes to their positions in CNO Financial Group during the last quarter. Bessemer Group Inc., for instance, increased its holdings by 75.4%, while EverSource Wealth Advisors LLC saw a rise of 123.1% and Osaic Holdings Inc.'s stake grew by 39.2%. Geneos Wealth Management Inc. lifted its position in CNO Financial Group by 637.4%, and First Horizon Corp also boosted its stake by 119.7%

In related news, CMO Rocco F. Tarasi III sold 5,750 shares of the business's stock on June 11th at an average price of $50.00, resulting in a total transaction value of $287,500.