Chevron Gains New Investor Support with $1.67 Million Maridea Stake
Maridea Wealth Management LLC has made a new $1.67 million investment in Chevron Corporation (NYSE:CVX). According to its most recent Form 13F filing with the Securities & Exchange Commission, Maridea bought 10,063 shares of CVX's stock during the second quarter.
The value of these shares is approximately $1,668,000, making this a significant new position for Maridea. Chevron has had a strong quarter, beating analysts' consensus estimates and showing why it still leads the energy sector.
Other large investors have also made changes to their positions in CVX. Cornerstone Advisory LLC grew its position by 0.9% during the first quarter, while Compton Financial Group LLC raised its stake by 1.9%. Quantum Portfolio Management LLC lifted its holdings by 2.7%, and Wealthspire Retirement LLC boosted its position by 0.9%.