Institutional Investors Flock to Chevron Amid Strong Earnings
Plan Group Financial LLC has invested in Chevron Corporation (NYSE:CVX) by purchasing 22,457 shares worth approximately $3.72 million during the second quarter.
This is not an isolated incident as other institutional investors have also modified their holdings of CVX stock.
United Bank raised its position in CVX by 7.7% in the second quarter, and Schnieders Capital Management LLC boosted its stake in Chevron by 9.0% during the same period.