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Bank of America Corp DE Sells 47,563 Shares of The Travelers Companies, Inc. $TRV
Bank of America Corp DE reduced its stake in The Travelers Companies, Inc. by 1.4% during the third quarter, selling 47,563 shares and now owning over 3.4 million shares valued at $964 million. Other institutional investors also adjusted their holdings, while company insiders sold 92,845 shares recently. Travelers Companies reported strong quarterly earnings, beating consensus estimates, and announced a share repurchase plan and a quarterly dividend.