Ally Financial Invests $6.93 Million in Walt Disney Company

Ally Financial Inc. has invested $6.93 million in Walt Disney Company (NYSE:DIS). The investment, made during the second quarter, consists of approximately 72,000 shares of Disney's stock. This represents about 0.9% of Ally Financial's portfolio and is its 26th largest position.

Other institutional investors have also increased their stakes in Disney recently. Swiss RE Ltd., Curio Wealth LLC, Sfam LLC, Osbon Capital Management LLC, and Greenline Wealth Management LLC all purchased new positions in the company during the fourth quarter.

In related news, two executive vice presidents at Disney, Paul M. Roeder and Brent Woodford, sold shares of the company's stock recently. Roeder sold 3,596 shares for approximately $382,000, while Woodford sold 7,238 shares for about $762,000.