Boltwood Capital Management has reduced its holdings in McDonald’s Corporation by 3.0% in the second quarter, as revealed by a recent SEC filing. The fund sold 60 shares, leaving it with 1,925 shares of the fast-food giant.
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Boltwood Capital Management Sells 60 Shares of McDonald’s Corporation $MCD
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Key Takeaways:
- Boltwood Capital Management sold 60 McDonald’s shares.
- The fund’s stake in McDonald’s decreased by 3.0% during the second quarter.
- Boltwood Capital now holds 1,925 shares of the fast-food company.
- This information comes from the fund’s latest Form 13F filing.
- McDonald’s Corporation is listed on the NYSE under the ticker MCD.
Boltwood’s Portfolio Adjustment
Boltwood Capital Management has confirmed a modest reduction in its holdings of McDonald’s Corporation during the second quarter. According to the most recent Form 13F filing with the SEC, the firm sold 60 shares of the renowned fast-food brand. Following this transaction, Boltwood Capital’s position now stands at 1,925 shares, marking a 3.0% decrease from its prior stake.
Insights from the SEC Filing
The details of Boltwood Capital’s move were captured in its quarterly Form 13F filing with the Securities and Exchange Commission. These filings provide transparency into institutional investors’ portfolios and track changes in their holdings. For Boltwood Capital, the slight sale signals a careful recalibration of its strategies for the quarter.
Importance of McDonald’s as a Holding
McDonald’s Corporation, listed on the NYSE under the symbol MCD, remains a significant presence in many institutional portfolios. Though Boltwood Capital has trimmed its stake, the fast-food market leader remains a notable holding for the fund. McDonald’s established market presence and brand recognition continue to draw attention from investors, despite Boltwood’s recent downsizing of its position.
