Peapack Gladstone Financial Corp Grows Stock Holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Peapack Gladstone Financial Corp lifted its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 220,359 shares of the company’s stock after purchasing an additional 547 shares during the quarter. Vanguard Mid-Cap ETF comprises about 0.8% of Peapack Gladstone Financial Corp’s holdings, making the stock its 28th largest holding. Peapack Gladstone Financial Corp owned 0.09% of Vanguard Mid-Cap ETF worth $58,203,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at approximately $1,601,053,000. Jones Financial Companies Lllp increased its stake in Vanguard Mid-Cap ETF by 20.5% during the fourth quarter. Jones Financial Companies Lllp now owns 17,440,379 shares of the company’s stock worth $4,606,527,000 after acquiring an additional 2,965,961 shares during the last quarter. Choate Investment Advisors raised its position in Vanguard Mid-Cap ETF by 7,038.2% in the fourth quarter. Choate Investment Advisors now owns 428,294 shares of the company’s stock valued at $113,125,000 after purchasing an additional 422,294 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Vanguard Mid-Cap ETF by 26,575.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 293,160 shares of the company’s stock valued at $77,432,000 after purchasing an additional 292,061 shares during the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of Vanguard Mid-Cap ETF by 12.1% during the 4th quarter. Natixis Advisors LLC now owns 2,180,997 shares of the company’s stock worth $576,067,000 after purchasing an additional 236,111 shares during the period.

Vanguard Mid-Cap ETF Trading Down 6.0 %

Shares of VO opened at $234.28 on Friday. The firm has a market cap of $232.40 billion, a P/E ratio of 21.62 and a beta of 1.11. The company’s 50-day moving average price is $266.76 and its 200 day moving average price is $269.11. Vanguard Mid-Cap ETF has a 12-month low of $233.61 and a 12-month high of $285.60.

Vanguard Mid-Cap ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $1.1671 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from Vanguard Mid-Cap ETF’s previous dividend of $0.93.

Vanguard Mid-Cap ETF Company Profile

Vanguard Mid-Cap ETF is an exchange-traded fund. Vanguard Mid-Cap Index Fund seeks to track the performance of the MSCI US Mid Cap 450 Index representing medium-size United States firms. The portfolio holds all stocks in the same capitalization weighting as the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.