Mechanics Financial Corp Buys 4,395 Shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Mechanics Financial Corp increased its stake in shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) by 9.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,594 shares of the company’s stock after buying an additional 4,395 shares during the quarter. Vanguard Short-Term Treasury Index ETF comprises approximately 1.7% of Mechanics Financial Corp’s holdings, making the stock its 10th largest position. Mechanics Financial Corp’s holdings in Vanguard Short-Term Treasury Index ETF were worth $3,068,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Jackson Hole Capital Partners LLC increased its stake in shares of Vanguard Short-Term Treasury Index ETF by 0.6% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 29,843 shares of the company’s stock valued at $1,741,000 after purchasing an additional 180 shares during the period. Avior Wealth Management LLC increased its position in Vanguard Short-Term Treasury Index ETF by 57.7% in the 4th quarter. Avior Wealth Management LLC now owns 522 shares of the company’s stock valued at $30,000 after acquiring an additional 191 shares during the period. Spinnaker Investment Group LLC raised its stake in Vanguard Short-Term Treasury Index ETF by 4.1% during the 3rd quarter. Spinnaker Investment Group LLC now owns 5,077 shares of the company’s stock valued at $292,000 after acquiring an additional 200 shares in the last quarter. Red Tortoise LLC boosted its position in Vanguard Short-Term Treasury Index ETF by 1.3% during the 4th quarter. Red Tortoise LLC now owns 16,801 shares of the company’s stock worth $980,000 after acquiring an additional 215 shares during the period. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of Vanguard Short-Term Treasury Index ETF by 3.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 7,825 shares of the company’s stock valued at $456,000 after purchasing an additional 229 shares during the period.

Vanguard Short-Term Treasury Index ETF Price Performance

Shares of NASDAQ VGSH traded up $0.08 during midday trading on Thursday, reaching $57.63. 607,108 shares of the company traded hands, compared to its average volume of 3,047,114. The stock has a 50-day moving average price of $57.87 and a 200 day moving average price of $57.97. Vanguard Short-Term Treasury Index ETF has a 52 week low of $57.33 and a 52 week high of $58.81.

Vanguard Short-Term Treasury Index ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.197 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $2.36 dividend on an annualized basis and a dividend yield of 4.10%.

Vanguard Short-Term Treasury Index ETF Company Profile

Vanguard Short Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a short-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.