Peapack Gladstone Financial Corp Increases Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Peapack Gladstone Financial Corp increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,224,496 shares of the company’s stock after acquiring an additional 109,287 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 1.2% of Peapack Gladstone Financial Corp’s portfolio, making the stock its 13th biggest position. Peapack Gladstone Financial Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $95,364,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after purchasing an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Intermediate-Term Bond ETF by 13.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares during the period. True Link Financial Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 7.7% during the 4th quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock worth $406,965,000 after purchasing an additional 373,290 shares during the period. Ameriprise Financial Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock worth $315,993,000 after purchasing an additional 74,818 shares during the period. Finally, Mather Group LLC. boosted its position in Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Mather Group LLC. now owns 3,525,085 shares of the company’s stock worth $274,534,000 after purchasing an additional 170,062 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.85 on Monday. The company has a fifty day moving average price of $76.91 and a 200 day moving average price of $77.66. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08.

Vanguard Intermediate-Term Bond ETF Company Profile

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.