National Pension Service Ups Stake in McDonald's Amid Controversy

National Pension Service has boosted its stake in McDonald's Corporation by 2.7% in the second quarter, according to recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor now owns 1,658,379 shares of McDonald's stock after acquiring an additional 43,114 shares during the period.

The total value of National Pension Service's holdings in McDonald's is approximately $448,276,000 as of its most recent SEC filing. This represents about 0.23% of McDonald's outstanding shares.

Others have also been modifying their holdings of McDonald's. Ascentis Wealth Management LLC grew its position in shares by a massive 4,008.8% during the second quarter. Borer Denton & Associates Inc. raised its holdings in McDonald's by 16.9% in the same period.

HighTower Advisors LLC boosted its stake in McDonald's by 7.1% during the second quarter, acquiring an additional 97,060 shares. Overall, hedge funds and institutional investors own around 70.29% of McDonald's stock.