1ST Source Bank Invests $4.48 Million in The Travelers Companies

1ST Source Bank acquired a new stake in The Travelers Companies, Inc. (NYSE: TRV) worth approximately $4.477 million in the second quarter, according to its recent disclosure with the Securities and Exchange Commission.

The fund purchased 13,562 shares of the insurance provider's stock, significantly smaller than other investors such as Norges Bank, which acquired a new stake in shares of Travelers Companies in the fourth quarter worth approximately $723.339 million.

This purchase is just one example of the increasing institutional interest in TRV, with 82.45% of the company's stock currently owned by institutional investors and hedge funds.