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Travelers Companies Stake Reduced by Hennessy Advisors Inc.

Guavy AI Editorial Team
Instruments
TRV
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Hennessy Advisors Inc. has significantly reduced its stake in The Travelers Companies, Inc., selling 27,400 shares in the second quarter and trimming its overall holdings by 74.3%.

The institutional investor's remaining 9,500 shares of TRV stock were valued at $3,136,000 as of the end of the most recent reporting period.

This is not an isolated incident, as several other institutional investors have made similar moves in the past quarter, including Berman McAleer LLC and Willner & Heller LLC.

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