As Toronto Dominion Bk Ont (TD) Stock Price Rose, Greystone Managed Investments INC Has Cut Its Stake by $17.86 Million

September 16, 2018 - By Billy Entrekin

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Greystone Managed Investments Inc decreased its stake in Toronto Dominion Bk Ont (TD) by 10.56% based on its latest 2018Q2 regulatory filing with the SEC. Greystone Managed Investments Inc sold 313,345 shares as the company’s stock rose 3.47% with the market. The institutional investor held 2.65 million shares of the commercial banks company at the end of 2018Q2, valued at $153.47 million, down from 2.97 million at the end of the previous reported quarter. Greystone Managed Investments Inc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be less bullish one the $111.56 billion market cap company. The stock increased 0.08% or $0.05 during the last trading session, reaching $60.54. About 679,825 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 10.43% since September 16, 2017 and is uptrending. It has underperformed by 5.19% the S&P500.

Greystone Managed Investments Inc, which manages about $2.29B US Long portfolio, upped its stake in Yy Inc (NASDAQ:YY) by 148,000 shares to 367,700 shares, valued at $36.94 million in 2018Q2, according to the filing.

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.ca which released: “Buy This Top Canadian Bank Stock if You Want to Take Advantage of a Booming US Economy” on September 14, 2018, also Fool.ca with their article: “RRSP Investors: Should You Buy Telus Corp. (TSX:T) or Toronto-Dominion Bank (TSX:TD) Stock?” published on September 13, 2018, Fool.ca published: “Better Addition to Your TFSA Today: Bank of Montreal (TSX:BMO) or Toronto-Dominion Bank (TSX:TD) Stock?” on September 11, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Fool.ca and their article: “3 Stocks to Buy Now and Never, Ever Sell” published on September 13, 2018 as well as Seekingalpha.com‘s news article titled: “More on Toronto-Dominion Q3” with publication date: August 30, 2018.

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