Guardian Partners Cuts Stake in McDonald's Amid Broader Ownership Shift
Guardian Partners Inc., a financial institution, has reduced its stake in McDonald's Corporation by selling 7,283 shares of stock during the second quarter. This represents a 13.4% decrease in Guardian Partners' holdings in McDonald's. As of their most recent filing with the Securities & Exchange Commission, Guardian Partners owned 47,037 shares of McDonald's stock, valued at $12.71 million. The stock comprises 1.1% of Guardian Partners' portfolio and is its 25th largest holding.
Other institutional investors have also modified their holdings in McDonald's during the quarter. Your Advocates Ltd. LLP acquired a new position in McDonald's worth $27,000, while IFC & Insurance Marketing Inc. bought a new stake valued at about $29,000. Abound Financial LLC and Purpose Unlimited Inc. also acquired new stakes in McDonald's, valued at around $30,000 each.
DecisionPoint Financial LLC increased its position in McDonald's by 1,616.7% during the fourth quarter, purchasing an additional 97 shares worth $31,000. Institutional investors own approximately 70.29% of McDonald's stock.