Mechanics Bank Trust Department Buys Zoetis Inc, SPDR Gold Trust, Lowe's Inc, Sells Raytheon Technologies Corp, Raytheon Co, Invesco S&P 500 Equal Weight

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Jul 24, 2020
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Richmond, CA, based Investment company Mechanics Bank Trust Department (Current Portfolio) buys Zoetis Inc, SPDR Gold Trust, Lowe's Inc, Mastercard Inc, Illinois Tool Works Inc, sells Raytheon Technologies Corp, Raytheon Co, Invesco S&P 500 Equal Weight, PayPal Holdings Inc, iShares MSCI Emerging Index Fund during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Mechanics Bank Trust Department. As of 2020Q2, Mechanics Bank Trust Department owns 156 stocks with a total value of $476 million. These are the details of the buys and sells.

For the details of Mechanics Bank Trust Department's stock buys and sells, go to https://www.gurufocus.com/guru/mechanics+bank+trust+department/current-portfolio/portfolio

These are the top 5 holdings of Mechanics Bank Trust Department
  1. SPDR S&P 500 (SPY) - 109,185 shares, 7.08% of the total portfolio. Shares reduced by 0.9%
  2. iShares iBoxx $ Investment Grade Corporate Bond (LQD) - 162,140 shares, 4.59% of the total portfolio. Shares reduced by 0.18%
  3. Microsoft Corp (MSFT) - 103,614 shares, 4.43% of the total portfolio. Shares reduced by 0.51%
  4. Apple Inc (AAPL) - 51,903 shares, 3.98% of the total portfolio. Shares reduced by 1.78%
  5. Vanguard Growth (VUG) - 63,520 shares, 2.70% of the total portfolio. Shares added by 0.79%
New Purchase: Zoetis Inc (ZTS)

Mechanics Bank Trust Department initiated holding in Zoetis Inc. The purchase prices were between $111.92 and $142.53, with an estimated average price of $130.33. The stock is now traded at around $144.22. The impact to a portfolio due to this purchase was 0.13%. The holding were 4,431 shares as of .

New Purchase: Stryker Corp (SYK)

Mechanics Bank Trust Department initiated holding in Stryker Corp. The purchase prices were between $144.67 and $207.03, with an estimated average price of $184.16. The stock is now traded at around $198.83. The impact to a portfolio due to this purchase was 0.06%. The holding were 1,620 shares as of .

New Purchase: W.W. Grainger Inc (GWW)

Mechanics Bank Trust Department initiated holding in W.W. Grainger Inc. The purchase prices were between $236.52 and $328.38, with an estimated average price of $288.27. The stock is now traded at around $341.39. The impact to a portfolio due to this purchase was 0.05%. The holding were 800 shares as of .

New Purchase: Intuit Inc (INTU)

Mechanics Bank Trust Department initiated holding in Intuit Inc. The purchase prices were between $218.12 and $296.19, with an estimated average price of $273.52. The stock is now traded at around $288.68. The impact to a portfolio due to this purchase was 0.05%. The holding were 747 shares as of .

New Purchase: The Travelers Companies Inc (TRV)

Mechanics Bank Trust Department initiated holding in The Travelers Companies Inc. The purchase prices were between $89.86 and $128, with an estimated average price of $105.28. The stock is now traded at around $118.28. The impact to a portfolio due to this purchase was 0.05%. The holding were 2,230 shares as of .

New Purchase: Agilent Technologies Inc (A)

Mechanics Bank Trust Department initiated holding in Agilent Technologies Inc. The purchase prices were between $68.92 and $91.14, with an estimated average price of $81.76. The stock is now traded at around $94.81. The impact to a portfolio due to this purchase was 0.05%. The holding were 2,495 shares as of .

Added: SPDR Gold Trust (GLD)

Mechanics Bank Trust Department added to a holding in SPDR Gold Trust by 23.51%. The purchase prices were between $148.05 and $167.37, with an estimated average price of $161.08. The stock is now traded at around $178.70. The impact to a portfolio due to this purchase was 0.08%. The holding were 12,598 shares as of .

Added: Lowe's Companies Inc (LOW)

Mechanics Bank Trust Department added to a holding in Lowe's Companies Inc by 65.35%. The purchase prices were between $80.42 and $135.65, with an estimated average price of $113.61. The stock is now traded at around $147.03. The impact to a portfolio due to this purchase was 0.08%. The holding were 7,287 shares as of .

Added: Mastercard Inc (MA)

Mechanics Bank Trust Department added to a holding in Mastercard Inc by 37.78%. The purchase prices were between $228.61 and $313.15, with an estimated average price of $281.32. The stock is now traded at around $306.92. The impact to a portfolio due to this purchase was 0.07%. The holding were 4,212 shares as of .

Added: Illinois Tool Works Inc (ITW)

Mechanics Bank Trust Department added to a holding in Illinois Tool Works Inc by 83.36%. The purchase prices were between $137.27 and $182.87, with an estimated average price of $162.93. The stock is now traded at around $184.79. The impact to a portfolio due to this purchase was 0.06%. The holding were 3,713 shares as of .

Added: Nike Inc (NKE)

Mechanics Bank Trust Department added to a holding in Nike Inc by 30.27%. The purchase prices were between $78.86 and $104.29, with an estimated average price of $92.09. The stock is now traded at around $98.43. The impact to a portfolio due to this purchase was 0.06%. The holding were 12,884 shares as of .

Added: iShares 1-3 Year Treasury Bond ETF (SHY)

Mechanics Bank Trust Department added to a holding in iShares 1-3 Year Treasury Bond ETF by 45.02%. The purchase prices were between $86.48 and $86.8, with an estimated average price of $86.61. The stock is now traded at around $86.58. The impact to a portfolio due to this purchase was 0.05%. The holding were 8,295 shares as of .

Sold Out: Raytheon Co (RTN)

Mechanics Bank Trust Department sold out a holding in Raytheon Co. The sale prices were between $116.96 and $131.15, with an estimated average price of $123.51.



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