Diversify Advisory Services Takes Stake in Travelers Companies Amid Strong Earnings

Diversify Advisory Services LLC acquired a new stake in The Travelers Companies, Inc. (NYSE:TRV) during the second quarter, as disclosed in its latest Form 13F filing with the Securities and Exchange Commission.

The institutional investor purchased 13,360 shares of TRV's stock valued at approximately $2,826,000.

This is not an isolated case; several other institutional investors and hedge funds have made changes to their positions in TRV. Vanguard Group Inc., for example, grew its position by 0.5% during the fourth quarter, now owning 22,109,933 shares worth $6,413,207,000.

TRV has been performing well, with a recent earnings report beating analyst estimates and revealing underwriting discipline. The company's revenue for the second quarter was up .3% year-over-year, and analysts predict TRV will post 33.82 earnings per share for the current fiscal year.