Q</p><p>RG Capital Management Inc. Bolsters Chevron Stake
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RG Capital Management Inc.
, a financial institution, has increased its stake in Chevron Corporation (NYSE:
CVX) by 11.6% during the second quarter, as per its latest 13F filing with the Securities & Exchange Commission.
The fund owned 345,288 shares of the oil and gas company's stock after acquiring an additional 35,889 shares during the period.
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RG Capital Management Inc.'s holdings in Chevron were valued at $57,235,000 at the end of the most recent reporting period.
Other institutional investors also increased their stakes in CVX during the second quarter.
Vanguard Capital Wealth Advisors lifted its stake by 1.8%, while Cornerstone Advisory LLC raised its stake by 0.9% and Compton Financial Group LLC increased its stake by 1.9%.