Switzerland's central bank, the Swiss National Bank (SNB), has increased its holdings in Rayonier Inc. by 87.6% in the first quarter of this year.
The SNB purchased an additional 265,144 shares during the quarter, bringing its total to 567,778 shares.
This represents 0.19% of Rayonier's outstanding stock and is valued at $11,708,000 as of its most recent SEC filing.
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