Peapack Gladstone Financial Corp Boosts Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Posted by James Quigley on Apr 8th, 2025

Peapack Gladstone Financial Corp grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 6.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,556 shares of the company’s stock after purchasing an additional 388 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Growth ETF were worth $2,689,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. First City Capital Management Inc. grew its holdings in shares of Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after acquiring an additional 276 shares during the period. Principal Financial Group Inc. bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $2,232,000. Empowered Funds LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter worth $236,000. Argentarii LLC bought a new position in Vanguard Growth ETF in the fourth quarter worth $710,000. Finally, Paces Ferry Wealth Advisors LLC purchased a new position in Vanguard Growth ETF during the fourth quarter valued at $218,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $334.42 on Tuesday. The firm’s 50-day moving average price is $396.78 and its 200-day moving average price is $401.58. The company has a market capitalization of $331.43 billion, a PE ratio of 33.17 and a beta of 1.19. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $429.11.

Vanguard Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from Vanguard Growth ETF’s previous dividend of $0.46.

About Vanguard Growth ETF

(Free Report)

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.