First National Bank of Omaha Takes Stake in Coca-Cola Consolidated

A new institutional investor has taken an interest in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), one of the largest independent bottlers of Coca-Cola products in the United States.

According to its most recent filing with the SEC, First National Bank of Omaha acquired a new position in shares of Coca-Cola Consolidated in the 2nd quarter, purchasing 128,460 shares valued at approximately $10.49 million.

This represents around 0.19% of Coca-Cola Consolidated's outstanding stock. The move follows similar actions by other institutional investors, including Vanguard Group Inc., which boosted its stake in the company by 6.4% during the 4th quarter.