Bank of New York Mellon Corp reduced its stake in shares of Valero Energy Corporation (NYSE: VLO) by 10.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,653,080 shares of the oil and gas company's stock after selling 316,240 shares during the period. Bank of
Bell and Brown Wealth Advisors LLC lowered its position in Valero Energy Corporation (NYSE: VLO) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,713 shares of the oil and gas company's stock after selling
Gasoline prices above $4 per gallon are painful for consumers, but the environment can be very favorable for those investing in refiners that are able to capture strong margins on the fuels they produce.