Peapack Gladstone Financial Corp Lowers Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Peapack Gladstone Financial Corp trimmed its holdings in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 0.6% during the 4th quarter, Holdings Channel reports. The fund owned 56,281 shares of the company’s stock after selling 365 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Small-Cap Growth ETF were worth $15,761,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VBK. Titleist Asset Management LLC increased its holdings in Vanguard Small-Cap Growth ETF by 4.5% during the fourth quarter. Titleist Asset Management LLC now owns 16,785 shares of the company’s stock valued at $4,701,000 after buying an additional 723 shares during the period. Hurley Capital LLC bought a new stake in Vanguard Small-Cap Growth ETF during the 4th quarter valued at $227,000. Wedbush Securities Inc. increased its holdings in shares of Vanguard Small-Cap Growth ETF by 73.0% in the 4th quarter. Wedbush Securities Inc. now owns 2,536 shares of the company’s stock valued at $710,000 after acquiring an additional 1,070 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Vanguard Small-Cap Growth ETF by 16.6% in the 4th quarter. Wells Fargo & Company MN now owns 855,442 shares of the company’s stock valued at $239,575,000 after acquiring an additional 121,770 shares during the period. Finally, Leeward Financial Partners LLC raised its position in shares of Vanguard Small-Cap Growth ETF by 3.1% in the 4th quarter. Leeward Financial Partners LLC now owns 21,459 shares of the company’s stock worth $6,010,000 after acquiring an additional 644 shares in the last quarter.

Vanguard Small-Cap Growth ETF Price Performance

Shares of VBK stock opened at $227.18 on Friday. The stock’s 50-day moving average is $271.62 and its 200 day moving average is $278.46. Vanguard Small-Cap Growth ETF has a 1-year low of $221.75 and a 1-year high of $304.59. The company has a market cap of $61.02 billion, a P/E ratio of 24.89 and a beta of 1.18.

Vanguard Small-Cap Growth ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.4013 per share. The ex-dividend date of this dividend was Thursday, March 27th.

About Vanguard Small-Cap Growth ETF

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