SCHEDULE 13G/A: Dimensional Fund Advisors Reports 6.1% Stake in Peapack-Gladstone Financial
Beneficial Ownership Report
Dimensional Fund Advisors LP has filed an amended Schedule 13G, disclosing a 6.1% beneficial ownership stake in Peapack-Gladstone Financial Corp's Common Stock as of June 30, 2025.
Summary
- Dimensional Fund Advisors LP, an investment adviser, reported beneficial ownership of 1,078,477 shares of Peapack-Gladstone Financial Corp's Common Stock.
- This ownership represents 6.1% of the class of securities.
- Dimensional Fund Advisors LP holds sole voting power over 1,058,048 shares and sole dispositive power over 1,078,477 shares.
- The filing is an Amendment No. 6 to a previous Schedule 13G.
- The securities are held by various investment companies, commingled funds, group trusts, and separate accounts advised by Dimensional, which disclaims beneficial ownership of these securities.
- The filing was made under Rule 13d-1(b), indicating Dimensional Fund Advisors LP is an investment adviser.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or prospects. It is a neutral regulatory filing.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
This Schedule 13G filing indicates a significant institutional investor, Dimensional Fund Advisors LP, maintains a substantial stake in Peapack-Gladstone Financial Corp. Such filings provide transparency into large ownership positions, which can signal institutional confidence or strategic interest in a company within the financial services sector. As an investment adviser, Dimensional's holdings reflect its portfolio management decisions across various funds.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.
- Investment Professionals: Offers insight into the portfolio allocations of a major investment advisor.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement (reporting date for beneficial ownership). |
| 07/15/2025 | Date the Schedule 13G/A was signed by Dimensional Fund Advisors LP. |
Keywords
Beneficial Ownership, Schedule 13G, SEC Filing, Investment Advisor, Common Stock, Peapack-Gladstone Financial Corp, Dimensional Fund Advisors LP, Institutional Ownership
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