New Investment in Coca-Cola Consolidated by American Financial & Tax Strategies
American Financial & Tax Strategies Inc., a financial services company, has made a significant investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE).
The company acquired 5,865 shares of COKE stock during the second quarter, with a total value of approximately $477,000.
This move is part of a larger trend, as other institutional investors have also been increasing their stakes in Coca-Cola Consolidated. For example, Bessemer Group Inc. lifted its position by 19.1% in the first quarter and now owns 331 shares worth around $63,000.