Institutional Investor Buys into The Travelers Companies, Inc.
Virginia Retirement Systems ET Al purchased 160,700 shares of The Travelers Companies, Inc. (NYSE:TRV) stock in the second quarter, worth approximately $53,050,000.
This marks a new position for the firm, which now owns about 0.08% of Travelers' outstanding shares.
The purchase is part of a larger trend of institutional investors increasing their holdings in TRV.