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Advisors Capital Management Invests Heavily in Chevron Amid Strong Earnings

Guavy AI Editorial Team
Instruments
CVX
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Advisors Capital Management LLC has made a significant investment in Chevron Corporation by acquiring 554,410 shares of the oil and gas company's stock. The total value of this investment is approximately $91,899,000.

This represents a new position for Advisors Capital Management LLC in Chevron, which now makes up about 1.0% of their investment portfolio. Chevron is the company's 22nd biggest holding.

Other institutional investors have also been active in buying and selling Chevron shares recently. Global Retirement Partners LLC acquired a new stake in Chevron worth $14,276,000 in the second quarter. Indivisible Partners bought a new position in Chevron during the fourth quarter valued at $1,923,000.

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