RFG Advisory LLC recently reduced its stake in Chevron Corporation by 40.2%, selling 19,327 shares. Despite this, other major institutions like Norges Bank and Berkshire Hathaway increased their holdings, bringing institutional ownership to 72.42%. Chevron also raised its quarterly dividend and reported earnings per share above estimates, though revenue saw a year-over-year decline.
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Chevron Corporation $CVX Shares Sold by RFG Advisory LLC
RFG Advisory LLC recently reduced its stake in Chevron Corporation by 40.2%, selling 19,327 shares. Despite this, other major institutions like Norges Bank and Berkshire Hathaway increased their holdings, bringing institutional ownership to 72.42%. Chevron also raised its quarterly dividend and reported earnings per share above estimates, though revenue saw a year-over-year decline.