Stocks
Baird Financial Group Boosts Stake in Coca-Cola
Baird Financial Group Inc. increased its investment in Coca-Cola Company (The) (NYSE:KO) by 7.5% during the second quarter, according to a recent SEC filing.
The institutional investor now owns 1,513,555 shares of the company's stock after buying an additional 105,022 shares during the quarter.
This stake is worth $123,007,000 as of the company's most recent filing with the SEC.
Other hedge funds have also made changes to their holdings in Coca-Cola. XY Planning Network Inc., for example, boosted its position by 54.9% during the second quarter and now owns 4,850 shares worth $394,000 after purchasing an additional 1,718 shares.