Ally Financial Boosts Stake in Procter & Gamble

Ally Financial Inc., a major financial institution, has increased its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 38.9% during the second quarter.

The company acquired an additional 14,000 shares of Procter & Gamble's stock, bringing its total ownership to 50,000 shares.

Procter & Gamble makes up 0.9% of Ally Financial Inc.'s investment portfolio, making it the company's 24th biggest position.

The value of Ally Financial Inc.'s holdings in Procter & Gamble was $7,332,000 as of its most recent SEC filing.