As Toronto Dominion Bk Ont (TD) Stock Declined, Royal Bank Of Canada Has Upped by $7.80 Billion Its Holding

May 18, 2018 - By Margarite Burden

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Royal Bank Of Canada increased its stake in Toronto Dominion Bk Ont (TD) by 36161.88% based on its latest 2017Q4 regulatory filing with the SEC. Royal Bank Of Canada bought 134.52M shares as the company’s stock declined 1.92% with the market. The institutional investor held 134.89 million shares of the commercial banks company at the end of 2017Q4, valued at $7.90B, up from 372,000 at the end of the previous reported quarter. Royal Bank Of Canada who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be bullish on the $108.47 billion market cap company. The stock decreased 0.03% or $0.02 during the last trading session, reaching $59.06. About 714,661 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 15.54% since May 18, 2017 and is uptrending. It has outperformed by 3.99% the S&P500.

Royal Bank Of Canada, which manages about $227.74B US Long portfolio, decreased its stake in Ishares Tr (Put) (IEF) by 941,318 shares to 225,000 shares, valued at $23.75 million in 2017Q4, according to the filing. It also reduced its holding in Brookfield Business Partners by 119,512 shares in the quarter, leaving it with 6.28M shares, and cut its stake in Broadcom Ltd (Put).

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Prnewswire.com which released: “Today’s Research Report Coverage on Banking Stocks — Sterling, SunTrust Banks, Toronto-Dominion Bank, and Wells …” on May 08, 2018, also Bizjournals.com with their article: “Survey: More than half of small businesses anticipate revenue growth” published on May 11, 2018, Fool.ca published: “Which Is the Better Dividend Stock: Toronto-Dominion Bank or Enbridge Inc.?” on May 18, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Streetinsider.com and their article: “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” published on May 15, 2018 as well as Fool.com‘s news article titled: “2 Stocks to Add International Exposure to Your Portfolio” with publication date: May 15, 2018.

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