Gladstone Institutional Advisory LLC cut its stake in shares of McDonald's Co. ( NYSE:MCD – Free Report ) by 11.7% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,184 shares of the fast-food giant's stock after selling 1,880 shares during the period. Gladstone Institutional Advisory LLC's holdings in McDonald's were worth $3,966,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MCD.

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