Great Lakes Advisors Adds $5M in Mondelez International, Inc. ($MDLZ)
Key Points
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Great Lakes Advisors increased its position in Mondelez International, Inc. ($MDLZ) by 5.87% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,443,440 shares of Mondelez International, Inc. after buying 79,981 shares during the quarter. Great Lakes Advisors's holdings in Mondelez International, Inc. were worth $83.49 million as of its most recent filing.
Mondelez International, Inc. Stock Down 7.2%
Shares of Mondelez International, Inc. ($MDLZ) traded around $57.84 on Saturday, down 7.2% for the day.
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About Mondelez International, Inc.
Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa, and Europe. The company provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese, grocery, and powdered beverage products. Its brand portfolio includes Oreo, Ritz, LU, CLIF Bar, Tate's Bake Shop biscuits and baked snacks, Cadbury Dairy Milk, Milka, and Toblerone chocolate. It serves supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company-owned and satellite warehouses, distribution centers, third-party distributors, and other facilities, as well as through independent sales offices and agents. The company also sells products directly to businesses and consumers through e-retail platforms, retailer digital platforms, as well as through its direct-to-consumer websites and social media platforms. Mondelez International, Inc. was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. The company was incorporated in 2000 and is headquartered in Chicago, Illinois.
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