
Wed Sep 25 07:54:59 UTC 2024: ## Mercer Global Advisors Reduces Canadian National Railway Stake by Nearly 40%
**NEW YORK – October 26, 2023** – Mercer Global Advisors Inc. (ADV) significantly reduced its holdings in Canadian National Railway (CNI) during the second quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The investment firm trimmed its stake in the railway giant by 39.6%, now owning 11,951 shares of CNI. The reason for the significant reduction in holdings has not been disclosed by Mercer Global Advisors.
This move comes amidst broader market fluctuations and could indicate a change in investment strategy by Mercer Global Advisors.
**Canadian National Railway (CNI)** remains a major player in the North American railway sector and continues to operate as a vital component of the continent’s transportation infrastructure. Despite the recent reduction by Mercer Global Advisors, CNI’s stock performance and future prospects will be closely monitored by investors.