Peapack Gladstone Financial Corp Buys 95,766 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Peapack Gladstone Financial Corp grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 829,589 shares of the company’s stock after purchasing an additional 95,766 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 0.9% of Peapack Gladstone Financial Corp’s holdings, making the stock its 24th largest holding. Peapack Gladstone Financial Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $65,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. FAS Wealth Partners Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth about $28,000. Blue Trust Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the period. Coastline Trust Co bought a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $32,000. Financial Connections Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth about $38,000. Finally, Armstrong Advisory Group Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 504.0% during the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock opened at $75.90 on Friday. The firm has a 50 day moving average price of $76.20 and a two-hundred day moving average price of $76.40. 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 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).