Canvas Wealth Advisors LLC raised its stake in shares of McDonald's Co. ( NYSE:MCD – Free Report ) by 18.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,803 shares of the fast-food giant's stock after acquiring an additional 276 shares during the quarter. Canvas Wealth Advisors LLC's holdings in McDonald's were worth $532,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock.

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