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Vela Investment Management Doubles Down on Disney

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DIS
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VELA Investment Management LLC boosted its stake in The Walt Disney Company by 12.4% during the second quarter, according to a recent filing with the SEC.

The fund owned 68,580 shares of the entertainment giant's stock after purchasing an additional 7,565 shares during the quarter.

At the end of the most recent reporting period, VELA Investment Management LLC's holdings in Walt Disney were worth $6,601,000, accounting for approximately 1.4% of its total holdings.

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