Royal Bank of Canada Cuts Holdings in Coca-Cola Consolidated

Royal Bank of Canada reduced its holdings in Coca-Cola Consolidated by 41.2% during the first quarter, according to the company's recent filing with the Securities and Exchange Commission (SEC). The bank owned 20,807 shares of the company after selling 14,600 shares during this period.

The value of Royal Bank of Canada's holdings in Coca-Cola Consolidated was approximately $3.99 million at the end of the most recent reporting period.

This is not an isolated instance; several other institutional investors and hedge funds have also made changes to their positions in the business during the first quarter.