Zend certified PHP/Magento developer

Can I upgrade Magento 2.3.4 to 2.3.7-p4?

We can’t upgrade to 2.4.x as the current theme is not supported however I would like to apply the latest patches. Is the possible to apply security only on an earlier version? Like going from 2.3.4 to 2.3.7-p4 directly or I have to go to 2.3.7 first then apply the security patches? Also would 2.3.7-p4 contain all the previous security fixes released in 2.3.7-p1, 2, 4?