Insiders Buy the Holdings of MGV
ETF Channel Staff - Tuesday, December 4, 10:33 AMA look at the weighted underlying holdings of the Vanguard Mega Cap 300 Value ETF (MGV) shows an impressive 11.8% of holdings on a weighted basis have experienced insider buying within the past six months.
Alcoa, Inc. (AA), which makes up 0.16% of the Vanguard Mega Cap 300 Value ETF (MGV), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $834,524 worth of AA, making it the #136 largest holding. The table below details the recent insider buying activity observed at AA:
AA — last trade: $8.41 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 10/11/2012 |
Martin Sorrell |
Director |
4,145 |
$8.79 |
$36,419.63 |
| 11/27/2012 |
Ratan Tata |
Director |
4,565 |
$8.34 |
$38,055.67 |
And AES Corp. (AES), the #148 largest holding among components of the Vanguard Mega Cap 300 Value ETF (MGV), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $643,505 worth of AES, which represents approximately 0.12% of the ETF's total assets at last check. The recent insider buying activity observed at AES is detailed in the table below:
AES — last trade: $10.57 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 07/17/2012 |
Gardner Walkup |
Vice President, Strategy |
7,500 |
$12.59 |
$94,425.00 |
| 11/20/2012 |
Elizabeth Hackenson |
Sr. VP and CIO |
10,000 |
$9.89 |
$98,900.00 |
| 11/20/2012 |
Philip A. Odeen |
Director |
2,000 |
$9.86 |
$19,720.00 |