Whalen Wealth Joins Ranks of Large Investors in Coca-Cola Consolidated
Whalen Wealth Management Inc., a financial services company, has acquired a new position in Coca-Cola Consolidated, Inc. (NASDAQ: COKE). According to its most recent Form 13F filing with the Securities and Exchange Commission (SEC), Whalen purchased 10,658 shares of the company's stock valued at approximately $866,000 during the second quarter.
This is not an isolated incident; several other large investors have also bought shares of COKE in the second quarter. BlackRock Inc., Mitsubishi UFJ Asset Management Co. Ltd., GQG Partners LLC, and Deutsche Bank AG all acquired new stakes in the company worth millions of dollars.
Coca-Cola Consolidated, founded in 1902, is the largest independent bottler of Coca-Cola products in the United States. The company manufactures, sells, and distributes a range of beverages under exclusive agreements with The Coca-Cola Company.