Chevron Sees Continued Institutional Support Amid Strong Q2 Earnings

Trivium Point Advisory LLC has taken out a new stake in Chevron Corporation ($CVX) during the second quarter, according to its latest filing with the Securities and Exchange Commission (SEC).

The institutional investor purchased 24,500 shares of Chevron's stock for approximately $4,061,000.

This is not an isolated instance of institutional investment in Chevron; multiple other investors have taken on new positions in the company during the same period, including Midwest Capital Advisors LLC and Karpus Management Inc., who each acquired stakes worth around $25,000 and $27,000 respectively.