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Allworth Financial Cuts Stake in McDonald's by Over a Third

Guavy AI Editorial Team
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MCD
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Allworth Financial LP trimmed its stake in McDonald's Corporation by 36.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.

The institutional investor owned 49,259 shares of the fast-food giant's stock after selling 28,085 shares during the quarter.

Allworth Financial LP's holdings in McDonald's were worth $13,315,000 at the end of the most recent reporting period.

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