Amundi Increases Stake in Bank of Montreal
Amundi increased its ownership in Bank of Montreal by buying an additional 110,766 shares in the quarter, bringing its total to 1,215,809 shares. Institutional investors hold 45.82% of the bank. Analyst views remain mixed, including one downgrade to neutral, while Bank of Montreal also sets an October 30 record date for a $1.71 per-share dividend.