Welch Group LLC decreased its position in PepsiCo, Inc. ( NASDAQ:PEP – Free Report ) by 0.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 281,991 shares of the company's stock after selling 1,617 shares during the period. PepsiCo makes up 3.0% of Welch Group LLC's holdings, making the stock its 10th biggest holding. Welch Group LLC's holdings in PepsiCo were worth $52,230,000 at the end of the most recent quarter.

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