Mitsubishi Invests Heavily in Travelers Companies, Inc.
Mitsubishi UFJ Asset Management Co. Ltd., a major investment firm, has taken a significant stake in The Travelers Companies, Inc.
The company acquired approximately 622,620 shares of TRV stock, valued at $205.54 million, in the second quarter according to its recent 13F filing with the SEC.
TRV is an insurance provider that offers property and casualty insurance products and services to individuals and businesses.