Stocks

United Bank Invests Heavily in Chevron

Guavy AI Editorial Team Published August 20, 2026

Instruments

CVX

United Bank has invested $1.73 million in Chevron Corporation (NYSE:CVX) by purchasing 10,436 shares of its stock in the second quarter.

This is not an isolated investment; several other institutional investors have also modified their holdings in Chevron during the same period.

Schnieders Capital Management LLC grew its holdings in Chevron by 9.0% and now owns 50,839 shares valued at $7.28 million after purchasing an additional 4,214 shares last quarter.

The Wire

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