Chubb Limited sees increased institutional investment

Farther Finance Advisors LLC significantly increased its stake in Chubb Limited, boosting its holdings by 70.4% during the third quarter. According to recent SEC filings, the fund now holds 38,455 shares valued at approximately $12,507,000.

Other institutional investors have also adjusted their positions in the insurance provider. South Plains Financial Inc. increased its stake by 2.2% in the fourth quarter, while Baker Tilly Wealth Management LLC grew its position by 4.9% in the third quarter. Institutional investors collectively own 83.81% of Chubb Limited's stock.

Chubb Limited is a global insurance leader operating in 54 countries, providing property, casualty, reinsurance, and life insurance. The company is a component of the S&P 500 and employs roughly 40,000 people worldwide.