Travelers Companies' Largest Shareholder Reduces Stake Amid Earnings Beat

NewEdge Advisors LLC reduced its stake in The Travelers Companies, Inc. (NYSE:TRV) by 72.3% during the first quarter, according to a recent filing with the Securities & Exchange Commission.

The fund owned 8,799 shares of TRV's stock after selling 23,000 shares during the period. NewEdge Advisors LLC's holdings in Travelers Companies were worth $2,567,000 at the end of the most recent reporting period.

This isn't the only change made to positions in TRV by large investors recently. Spinnaker Trust boosted its stake in shares of TRV by 1.7% during the first quarter. Avalon Trust Co increased its holdings in TRV by 0.4% in the first quarter.