7,000 Shares in AvalonBay Communities, Inc. $AVB Acquired by Ally Financial Inc.
Ally Financial Inc. purchased a new position in AvalonBay Communities, Inc. (NYSE: AVB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,000 shares of the real estate investment trust's stock, valued at approximately $1,321,000. Other institutional investors and hedge funds have also