Vanguard Group Inc. Buys 1,063,127 Shares of Bank of Nova Scotia (The) $BNS

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Vanguard Group Inc. increased its stake in Bank of Nova Scotia (NYSE:BNS) by 1.9% during the third quarter, purchasing an additional 1,063,127 shares and now owning 56,068,464 shares valued at $3.63 billion. Other institutional investors also adjusted their positions in the bank. Bank of Nova Scotia recently announced a quarterly dividend of $1.10 per share, leading to a 5.8% dividend yield, and analysts currently have a “Hold” rating on the stock with an average target price of $97.00.

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