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KMG Fiduciary Partners Cuts Chevron Stake Amid Strong Earnings

Guavy AI Editorial Team
Instruments
CVX
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KMG Fiduciary Partners LLC has reduced its holdings in Chevron Corporation by 26.4% in the second quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,508 shares of Chevron's stock after selling 21,015 shares during the period.

KMG Fiduciary Partners LLC's holdings in Chevron were worth $9.7 million as of its most recent filing with the SEC. This is not an isolated case - several other hedge funds and institutional investors have also recently modified their positions in CVX.

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