Iyo Bank Ltd. Buys New Holdings in Coca-Cola Consolidated

Iyo Bank Ltd., an investment firm, has acquired a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), purchasing 86,390 shares valued at approximately $7,021,000.

This acquisition accounts for 2.1% of Iyo Bank Ltd.'s investment portfolio, making it the company's 21st largest holding. At the end of the most recent quarter, Coca-Cola Consolidated accounted for about 0.13% of Iyo Bank Ltd.'s holdings.

A number of other institutional investors have also increased their stakes in Coca-Cola Consolidated recently, including UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC and Northwestern Mutual Wealth Management Co., which raised its stake by 8.7% and 1,587.5%, respectively.