Lederer & Associates Bets Big on McDonald's Stock

Lederer & Associates Investment Counsel CA has acquired a new position in shares of McDonald's Corporation (NYSE:MCD) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,128 shares of the fast-food giant's stock, valued at approximately $1,656,000.

This is not the only institutional investor that has taken a position in McDonald's; other investors such as Your Advocates Ltd. LLP and Purpose Unlimited Inc. have also bought new stakes in the company during the fourth quarter, with the latter owning about $31,000 worth of stock.

DecisionPoint Financial LLC, on the other hand, lifted its holdings in McDonald's by 1,616.7% in the fourth quarter, now owning 103 shares of the company's stock worth $31,000.