Maridea Wealth Management Pours $1.67M into Chevron

Maridea Wealth Management LLC has made a new investment in Chevron Corporation (NYSE:CVX) worth $1.67 million, according to its most recent Form 13F filing with the Securities & Exchange Commission.

The firm bought 10,063 shares of Chevron's stock during the second quarter, which is valued at approximately $1,668,000.

This investment follows other large investors who have also made changes to their positions in Chevron. Cornerstone Advisory LLC grew its position in Chevron by 0.9% during the first quarter, while Compton Financial Group LLC raised its stake in Chevron by 1.9% during the same period.

CEO Michael K. Wirth sold 5,547 shares of the stock on August 5th at an average price of $187.00, for a total value of $1,037,289.00.