Peapack Gladstone Financial Corp Purchases 116,854 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Peapack Gladstone Financial Corp increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 946,443 shares of the company’s stock after purchasing an additional 116,854 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 1.0% of Peapack Gladstone Financial Corp’s holdings, making the stock its 19th largest position. Peapack Gladstone Financial Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $70,730,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Edgestream Partners L.P. bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $212,000. Benjamin Edwards Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 58.1% during the third quarter. Benjamin Edwards Inc. now owns 3,147 shares of the company’s stock worth $247,000 after buying an additional 1,157 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in Vanguard Intermediate-Term Bond ETF by 7.9% during the third quarter. Integrated Wealth Concepts LLC now owns 22,052 shares of the company’s stock worth $1,728,000 after buying an additional 1,607 shares in the last quarter. IHT Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 35.1% during the third quarter. IHT Wealth Management LLC now owns 7,329 shares of the company’s stock valued at $574,000 after purchasing an additional 1,905 shares during the period. Finally, Redwood Investment Management LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after buying an additional 146 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $77.12 on Friday. The company has a 50-day moving average price of $75.83 and a two-hundred day moving average price of $75.91. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.2531 dividend. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, April 1st.

About Vanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index).