First Heartland Consultants Inc. Has $2.99 Million Stock Position in Vanguard Mega Cap Growth ETF $MGK

First Heartland Consultants Inc. increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 420.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 33,987 shares of the company’s stock after buying an additional 27,452 shares during the quarter. First Heartland Consultants Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $2,988,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Praetorian Wealth Management Inc. lifted its position in Vanguard Mega Cap Growth ETF by 407.9% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock worth $75,183,000 after acquiring an additional 686,835 shares during the last quarter. Morgan Stanley grew its position in shares of Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock valued at $1,094,325,000 after purchasing an additional 277,446 shares during the last quarter. CX Institutional grew its position in shares of Vanguard Mega Cap Growth ETF by 364.0% in the second quarter. CX Institutional now owns 344,313 shares of the company’s stock valued at $30,269,000 after purchasing an additional 270,114 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Vanguard Mega Cap Growth ETF by 75,906.0% in the first quarter. Fifth Third Bancorp now owns 226,498 shares of the company’s stock valued at $83,225,000 after purchasing an additional 226,200 shares during the last quarter. Finally, Avior Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 393.4% in the second quarter. Avior Wealth Management LLC now owns 267,463 shares of the company’s stock worth $23,513,000 after purchasing an additional 213,258 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $90.79 on Friday. The stock has a 50-day simple moving average of $87.55 and a 200 day simple moving average of $82.98. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The stock has a market capitalization of $34.16 billion, a PE ratio of 37.33 and a beta of 1.24.

Vanguard Mega Cap Growth ETF Company Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.