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Forex

Wellington Makes Big Bet on Royal Bank of Canada with 2.5 Million Share Purchase

Guavy AI Editorial Team
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CAD
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Wellington Management Group LLP made significant investments in Royal Bank of Canada (NYSE:RY) during the second quarter, purchasing 2,553,618 shares valued at approximately $528,597,000. This represents a new position for Wellington Management Group LLP in RY.

The total stake of Wellington Management Group LLP in Royal Bank of Canada is now about 0.18% as of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RY, including Echo45 Advisors LLC, Key Financial Inc, Apella Capital LLC, Alta Capital Management LLC, and Fiduciary Financial Group LLC.

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