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AIA Group Ltd Has $3.69 Million Position in Chevron Corporation $CVX
AIA Group Ltd significantly increased its stake in Chevron Corporation, growing its holdings by 107.8% to 23,728 shares, valued at $3.69 million. Other major institutions like Vanguard, Norges Bank, and State Street also boosted their positions, leading to 72.42% institutional ownership. Despite mixed analyst ratings and insider selling, Chevron raised its quarterly dividend, reflecting positive underlying financials.