Mechanics Financial Corp Has $2.05 Million Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Mechanics Financial Corp grew its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 20.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,254 shares of the company’s stock after buying an additional 5,785 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for about 0.9% of Mechanics Financial Corp’s portfolio, making the stock its 21st largest holding. Mechanics Financial Corp’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $2,049,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VGIT. Brighton Jones LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $287,000. GAMMA Investing LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7,234.1% in the 1st quarter. GAMMA Investing LLC now owns 539,352 shares of the company’s stock valued at $32,038,000 after purchasing an additional 531,998 shares in the last quarter. NBC Securities Inc. boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 194,400.0% in the 1st quarter. NBC Securities Inc. now owns 3,890 shares of the company’s stock valued at $231,000 after purchasing an additional 3,888 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at $50,000. Finally, Fermata Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 9.5% in the 1st quarter. Fermata Advisors LLC now owns 89,601 shares of the company’s stock valued at $5,322,000 after purchasing an additional 7,784 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.1%

Shares of VGIT stock opened at $60.06 on Friday. The stock’s fifty day moving average price is $59.89 and its two-hundred day moving average price is $59.43. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $57.40 and a fifty-two week high of $60.49.

Vanguard Intermediate-Term Treasury ETF Profile

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.