Confluence Investment Management Cuts Holdings in The Walt Disney Company
Confluence Investment Management LLC has reduced its holdings in The Walt Disney Company by selling 8,918 shares during the third quarter. As a result, their position in DIS decreased by 7.9% to 104,103 shares valued at $10.92 million.
The company's quarterly disclosure with the Securities & Exchange Commission revealed this information. It is worth noting that Confluence Investment Management LLC still holds a significant stake in Walt Disney, despite the decrease.