Guardian Partners Cuts Stake in McDonald's by $12.71 Million
Guardian Partners Inc., an investment firm, has significantly reduced its stake in McDonald's Corporation. According to their recent SEC filing, they sold 7,283 shares of MCD during the second quarter, resulting in a 13.4% decrease in their total holdings. As of now, Guardian Partners owns 47,037 shares of McDonald's stock, valued at approximately $12.71 million.
This represents about 1.1% of their portfolio and makes McDonald's their 25th largest holding. Despite this reduction, McDonald's remains a significant component of Guardian Partners' investment strategy.