Toronto Dominion Bk Ont (TD) Holder Cibc World Markets INC Has Boosted Its Holding by $33.58 Million

May 22, 2018 - By wolcottdaily

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Cibc World Markets Inc increased its stake in Toronto Dominion Bk Ont (TD) by 1.68% based on its latest 2017Q4 regulatory filing with the SEC. Cibc World Markets Inc bought 578,913 shares as the company’s stock declined 1.92% with the market. The institutional investor held 34.99M shares of the commercial banks company at the end of 2017Q4, valued at $2.05 billion, up from 34.41M at the end of the previous reported quarter. Cibc World Markets Inc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be bullish on the $109.77 billion market cap company. The stock increased 0.95% or $0.56 during the last trading session, reaching $59.42. About 565,689 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 15.54% since May 22, 2017 and is uptrending. It has outperformed by 3.99% the S&P500.

Cibc World Markets Inc, which manages about $22.10B US Long portfolio, decreased its stake in Macquarie Infrastructure Cor (NYSE:MIC) by 121,500 shares to 22,542 shares, valued at $1.45 million in 2017Q4, according to the filing. It also reduced its holding in Boeing Co (Call) (NYSE:BA) by 120,933 shares in the quarter, leaving it with 20,000 shares, and cut its stake in Kraft Heinz Co.

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.com which released: “How to Get International Exposure Without Buying Foreign Stocks” on May 15, 2018, also Fool.ca with their article: “TFSA Bargain Hunters: Why it’s Time to Load Up on Toronto-Dominion Bank Before the “Sale” Ends” published on April 27, 2018, Fool.ca published: “2 Top Canadian Dividend Stocks to Start Your TFSA Retirement Plan” on May 14, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Fool.ca and their article: “Toronto-Dominion Bank or Royal Bank of Canada: Which Top Dividend Stock Is a TFSA Buy?” published on May 04, 2018 as well as Fool.ca‘s news article titled: “TFSA Investors: 2 Dividend-Growth Stocks to Earn a Hike up to 10%” with publication date: April 23, 2018.

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