SGL Investment Advisors Takes New Stake in Coca-Cola Consolidated
SGL Investment Advisors Inc., a financial firm, has acquired a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) worth approximately $754,000. The company bought 8,684 shares of Coca-Cola Consolidated's stock during the second quarter.
This is not the only investment made by SGL Investment Advisors in Coca-Cola Consolidated. According to recent Form 13F filings with the Securities & Exchange Commission, several other hedge funds have also increased their stakes in the company. Bessemer Group Inc., for example, lifted its stake in shares of Coca-Cola Consolidated by 19.1% in the first quarter.
Coca-Cola Consolidated is a leading bottler and distributor of Coca-Cola products in the United States, with operations spanning 14 states and the District of Columbia across the Southeastern, South Central, and Mid-Atlantic regions.