Vanguard Mid-Cap ETF (NYSEARCA:VO) Shares Purchased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp boosted its holdings in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 220,359 shares of the company’s stock after buying an additional 547 shares during the period. Vanguard Mid-Cap ETF accounts for 0.8% of Peapack Gladstone Financial Corp’s investment portfolio, making the stock its 28th largest holding. Peapack Gladstone Financial Corp’s holdings in Vanguard Mid-Cap ETF were worth $58,203,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VO. Wells Fargo & Company MN grew its position in shares of Vanguard Mid-Cap ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 22,395,761 shares of the company’s stock worth $5,915,392,000 after buying an additional 113,067 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Vanguard Mid-Cap ETF by 20.5% in 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. Raymond James Financial Inc. acquired a new position in Vanguard Mid-Cap ETF during the 4th quarter worth approximately $1,601,053,000. LPL Financial LLC increased its position in shares of Vanguard Mid-Cap ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 3,035,228 shares of the company’s stock valued at $801,695,000 after purchasing an additional 146,261 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Vanguard Mid-Cap ETF by 9.7% in the 4th quarter. JPMorgan Chase & Co. now owns 2,306,779 shares of the company’s stock valued at $609,290,000 after purchasing an additional 203,167 shares in the last quarter.

Vanguard Mid-Cap ETF Trading Down 6.0 %

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

Vanguard Mid-Cap ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $1.1671 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from Vanguard Mid-Cap ETF’s previous dividend of $0.93.

About Vanguard Mid-Cap ETF

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.