Mechanics Financial Corp Raises Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Mechanics Financial Corp lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,271 shares of the company’s stock after purchasing an additional 2,570 shares during the quarter. Mechanics Financial Corp’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $1,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 40.6% during the 3rd quarter. Bank of Montreal Can now owns 272,410 shares of the company’s stock valued at $16,505,000 after acquiring an additional 78,725 shares during the period. D.A. Davidson & CO. raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 31.6% during the third quarter. D.A. Davidson & CO. now owns 10,891 shares of the company’s stock valued at $658,000 after purchasing an additional 2,617 shares during the last quarter. CreativeOne Wealth LLC lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 149.8% during the third quarter. CreativeOne Wealth LLC now owns 33,822 shares of the company’s stock valued at $2,044,000 after purchasing an additional 20,282 shares during the period. Fiduciary Trust Co boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 13.0% in the third quarter. Fiduciary Trust Co now owns 19,453 shares of the company’s stock worth $1,175,000 after purchasing an additional 2,242 shares during the last quarter. Finally, Financial Counselors Inc. bought a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $1,862,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.6 %

Shares of VGIT opened at $59.30 on Friday. The firm has a fifty day simple moving average of $58.62 and a two-hundred day simple moving average of $58.82. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date was Monday, March 3rd.

Vanguard Intermediate-Term Treasury Index 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.