Janney Montgomery Scott LLC grew its stake in Royal Bank of Canada (NYSE:RY) (TSE:RY) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,372 shares of the financial services provider’s stock after buying an additional 2,534 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Royal Bank of Canada were worth $4,790,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new position in Royal Bank of Canada during the third quarter worth $5,537,000. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its holdings in Royal Bank of Canada by 6.8% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 66,390 shares of the financial services provider’s stock worth $5,455,000 after purchasing an additional 4,220