Trajan Wealth Invests Heavily in Coca-Cola Consolidated
Trajan Wealth LLC has made a significant investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), acquiring 104,617 shares of the company's stock valued at approximately $8,502,000.
The new stake was disclosed in Trajan Wealth LLC's most recent Form 13F filing with the Securities & Exchange Commission. The firm now owns 0.16% of Coca-Cola Consolidated as of its latest filing.
This is not an isolated instance of investment in Coca-Cola Consolidated, as several other institutional investors have also increased their holdings in the company recently. For example, Bessemer Group Inc. lifted its stake by 19.1% in the first quarter, and Beacon Pointe Advisors LLC boosted its position by 2.6% during the fourth quarter.
Coca-Cola Consolidated's operations span across 14 states and the District of Columbia, with a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company.