Swiss Life Boosts Stake in McDonald's Amid Rising Competition
Swiss Life Asset Management Ltd has increased its stake in McDonald's Corporation (NYSE:MCD) by 2.8% in the second quarter, according to the company's most recent filing with the Securities and Exchange Commission.
The firm now owns 251,750 shares of McDonald's stock, valued at $68.05 million as of its most recent SEC filing.
This is not an isolated incident; several other large investors have also recently bought or sold shares of MCD.