OneAscent Family Office Buys into Coca-Cola Consolidated

OneAscent Family Office LLC, a financial institution, purchased approximately $897,000 worth of Coca-Cola Consolidated shares during the second quarter. The company acquired 11,033 shares as part of its new position in the firm.

This is not an isolated instance; several other institutional investors and hedge funds have also modified their holdings in Coca-Cola Consolidated recently. Ascentis Independent Advisors acquired a new position in the company's shares during the first quarter valued at $31,000. Torren Management LLC bought a new stake in the company's shares during the fourth quarter worth about $29,000.

Coca-Cola Consolidated is the largest independent bottler of Coca-Cola products in the United States and has a significant presence across 14 states and the District of Columbia. The company's stock opened at $187.60 on Friday and has a market cap of $12.49 billion. It also declared a quarterly dividend, which was paid on August 7th.