Family Legacy Inc. Takes New Stake in Coca-Cola Consolidated

Family Legacy Inc., an institutional investor, has taken a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE). According to its most recent Form 13F filing with the Securities and Exchange Commission (SEC), Family Legacy Inc. purchased 80,960 shares of COKE's stock in the second quarter.

The shares were valued at approximately $6,580,000, making Coca-Cola Consolidated about 1.8% of Family Legacy Inc.'s holdings, its 14th largest position.

Other large investors have also bought and sold shares of COKE. Bessemer Group Inc., for example, lifted its stake in the company by 19.1% in the first quarter, now owning 331 shares valued at $63,000.