Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) Stock Position Boosted by Lincoln National Corp

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Lincoln National Corp lifted its holdings in shares of Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,918,119 shares of the company’s stock after purchasing an additional 9,570 shares during the quarter. Vanguard Mega Cap Value Index Fund ETF Shares makes up 4.4% of Lincoln National Corp’s holdings, making the stock its 5th largest position. Lincoln National Corp’s holdings in Vanguard Mega Cap Value Index Fund ETF Shares were worth $166,531,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sowell Financial Services LLC lifted its holdings in shares of Vanguard Mega Cap Value Index Fund ETF Shares by 115.2% during the fourth quarter. Sowell Financial Services LLC now owns 312 shares of the company’s stock worth $27,000 after purchasing an additional 167 shares during the period. Carroll Financial Associates Inc. lifted its holdings in shares of Vanguard Mega Cap Value Index Fund ETF Shares by 97.8% during the fourth quarter. Carroll Financial Associates Inc. now owns 362 shares of the company’s stock worth $31,000 after purchasing an additional 179 shares during the period. Accel Wealth Management acquired a new stake in shares of Vanguard Mega Cap Value Index Fund ETF Shares during the fourth quarter worth $45,000. Bellwether Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value Index Fund ETF Shares during the fourth quarter worth $49,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of Vanguard Mega Cap Value Index Fund ETF Shares during the fourth quarter worth $57,000.

Shares of NYSEARCA MGV traded up $0.44 during mid-day trading on Friday, hitting $90.28. 164,166 shares of the company were exchanged, compared to its average volume of 182,595. The stock has a 50 day simple moving average of $88.08 and a 200-day simple moving average of $81.95. Vanguard Mega Cap Value Index Fund ETF Shares has a 1-year low of $56.00 and a 1-year high of $90.48.

Vanguard Mega Cap Value Index Fund ETF Shares Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index.

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Want to see what other hedge funds are holding MGV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV).

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