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

Peapack Gladstone Financial Corp boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The firm 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.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Titleist Asset Management LLC boosted its stake in Vanguard Growth ETF by 116.0% during the 4th quarter. Titleist Asset Management LLC now owns 30,076 shares of the company’s stock valued at $12,345,000 after purchasing an additional 16,151 shares during the last quarter. Ruggaard & Associates LLC boosted its position in shares of Vanguard Growth ETF by 3.6% during the fourth quarter. Ruggaard & Associates LLC now owns 3,611 shares of the company’s stock valued at $1,482,000 after buying an additional 126 shares during the last quarter. Cascades Capital Asset Management LLC increased its holdings in Vanguard Growth ETF by 7.4% in the 4th quarter. Cascades Capital Asset Management LLC now owns 14,336 shares of the company’s stock worth $5,884,000 after buying an additional 991 shares in the last quarter. Russell Investments Group Ltd. raised its position in Vanguard Growth ETF by 381.5% in the 4th quarter. Russell Investments Group Ltd. now owns 1,435 shares of the company’s stock worth $589,000 after buying an additional 1,137 shares during the last quarter. Finally, Hurley Capital LLC bought a new position in Vanguard Growth ETF during the 4th quarter valued at about $855,000.

Vanguard Growth ETF Stock Up 0.1 %

Shares of 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. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $429.11. The company has a market cap of $331.43 billion, a PE ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

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

About Vanguard Growth ETF

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.