Peapack Gladstone Financial Corp Raises Stock Holdings in Vanguard Total Stock Market ETF $VTI

Peapack Gladstone Financial Corp boosted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 21.9% in the fourth quarter, HoldingsChannel reports. The firm owned 20,721 shares of the company’s stock after purchasing an additional 3,724 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Total Stock Market ETF were worth $6,947,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Core Wealth Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $30,000. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $31,000. Basepoint Wealth LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Finally, Torren Management LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.2%

NYSEARCA:VTI opened at $373.40 on Tuesday. The business’s 50 day moving average is $347.41 and its two-hundred day moving average is $340.28. Vanguard Total Stock Market ETF has a 52 week low of $287.58 and a 52 week high of $374.44. The company has a market cap of $652.41 billion, a PE ratio of 24.26 and a beta of 1.01.

Vanguard Total Stock Market ETF Profile

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.