Investors Pour Money into Coca-Cola Consolidated
Investor's Fiduciary Advisor Network LLC made a new investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) during the second quarter, according to the company's latest Form 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor bought 9,675 shares of the company's stock valued at approximately $786,000.
This is not an isolated instance; other hedge funds and institutional investors have also made changes to their positions in Coca-Cola Consolidated. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake by 8.7% in the first quarter and now owns 17,251 shares worth $23,289,000.
Several other institutional investors have increased their holdings in Coca-Cola Consolidated as well, including Northwestern Mutual Wealth Management Co., which raised its stake by 1,587.5% in the second quarter and now owns 270 shares valued at $30,000.