Peapack Gladstone Financial Corp Has $59.62 Million Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Peapack Gladstone Financial Corp lifted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,353,826 shares of the exchange traded fund’s stock after buying an additional 48,446 shares during the period. Vanguard FTSE Emerging Markets ETF comprises approximately 0.9% of Peapack Gladstone Financial Corp’s holdings, making the stock its 26th largest holding. Peapack Gladstone Financial Corp owned approximately 0.07% of Vanguard FTSE Emerging Markets ETF worth $59,621,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hantz Financial Services Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at $26,000. Atwood & Palmer Inc. bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $27,000. Newbridge Financial Services Group Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $28,000. Mainstream Capital Management LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $28,000. Finally, Tradewinds Capital Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth approximately $29,000.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO opened at $42.13 on Friday. The company has a market capitalization of $108.70 billion, a P/E ratio of 15.13 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a one year low of $40.72 and a one year high of $49.57. The business’s 50 day simple moving average is $45.37 and its 200-day simple moving average is $45.73.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a dividend of $0.0468 per share. The ex-dividend date was Friday, March 21st.

About Vanguard FTSE Emerging Markets ETF

The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.