Stocks
Ascentis Wealth Management Buys Big into McDonald's, Boosting Stake by Over 23,000% in Q2
Ascentis Wealth Management LLC significantly increased its holdings in McDonald's Corporation (NYSE:MCD) by 23,222.1% in the second quarter, according to a recent filing with the Securities & Exchange Commission.
The fund acquired an additional 476,053 shares during this period, bringing its total ownership to 478,103 shares of McDonald's stock.
This acquisition represents 0.07% of McDonald's' outstanding shares and is valued at $129,236,000.
Other institutional investors also increased their holdings in McDonald's during the second quarter, including Tilson Financial Group Inc., Warner Group LLC, Facet Wealth Inc., New Hampshire Trust, and Cambridge Investment Research Advisors Inc.