Peapack Gladstone Financial Corp Has $181.57 Million Stock Holdings in Vanguard S&P 500 ETF $VOO

Peapack Gladstone Financial Corp grew its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 289,525 shares of the company’s stock after purchasing an additional 10,580 shares during the period. Vanguard S&P 500 ETF comprises about 2.3% of Peapack Gladstone Financial Corp’s investment portfolio, making the stock its 6th largest holding. Peapack Gladstone Financial Corp’s holdings in Vanguard S&P 500 ETF were worth $181,570,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Nvest Wealth Strategies Inc. bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at approximately $26,000. United Community Bank bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth $27,000. Camelot Portfolios LLC bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth $27,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth $28,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth $29,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO opened at $695.49 on Monday. The stock’s 50-day simple moving average is $646.37 and its two-hundred day simple moving average is $634.43. Vanguard S&P 500 ETF has a twelve month low of $536.16 and a twelve month high of $697.00. The company has a market capitalization of $950.94 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF News Roundup

Here are the key news stories impacting Vanguard S&P 500 ETF this week:

• Positive Sentiment: The S&P 500 extended its winning streak and the Dow also joined the record run, a supportive backdrop for Vanguard S&P 500 ETF (VOO) since it tracks the index. Article Title
• Positive Sentiment: Stocks moved higher on reports of a possible U.S.-Iran ceasefire extension and negotiations, which boosted risk appetite and pushed the S&P 500 to fresh highs. Article Title
• Positive Sentiment: VOO is nearing a historic $1 trillion in assets under management, underscoring strong investor demand for low-cost U.S. equity exposure. Article Title
• Neutral Sentiment: Market coverage noted that the ETF was edging higher in pre-market trading as investors watched inflation data and other macro signals that could influence the Fed outlook. Article Title
• Negative Sentiment: Some commentary warned that cracks may be forming in the bull market and that the market is trading at record highs, which could temper enthusiasm for VOO despite the uptrend. Article Title
• Negative Sentiment: Michael Burry’s latest warning that the market may be nearing a top adds a cautionary tone for index funds tied to the S&P 500. Article Title

Vanguard S&P 500 ETF Company Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.