Redwood Invests Heavily in TRV Amid Growing Institutional Interest
A recent SEC filing revealed that Redwood Investment Management LLC acquired a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the second quarter.
The fund bought 3,500 shares of TRV's stock, valued at approximately $1,155,000.
This is not an isolated incident; several other large investors have also recently increased their holdings in TRV.
For example, HHM Wealth Advisors LLC lifted its stake by 145.7% during the first quarter and now owns 86 shares worth $25,000.