Doyle Wealth Management decreased its holdings in McDonald's Co. ( NYSE:MCD – Get Rating ) by 0.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 71,303 shares of the fast-food giant's stock after selling 515 shares during the quarter. McDonald's accounts for 1.4% of Doyle Wealth Management's holdings, making the stock its 23rd largest position. Doyle Wealth Management's holdings in McDonald's were worth $16,452,000 at the end of the most recent quarter. Several other institutional investors also recently modified their holdings of MCD.

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