Insiders Buy the Holdings of FDL ETF
ETF Channel Staff - Friday, June 23, 9:31 AMA look at the weighted underlying holdings of the First Trust Morningstar Dividend Leaders Index Fund (FDL) shows an impressive 12.7% of holdings on a weighted basis have experienced insider buying within the past six months.
Fifth Third Bancorp (FITB), which makes up 0.69% of the First Trust Morningstar Dividend Leaders Index Fund (FDL), 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 $30,884,421 worth of FITB, making it the #29 largest holding. The table below details the recent insider buying activity observed at FITB:
FITB — last trade: $25.64 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
03/13/2023 |
Gary R. Heminger |
Director |
47,500 |
$26.82 |
$1,274,092 |
05/03/2023 |
Evan Bayh |
Director |
5,000 |
$24.82 |
$124,100 |
And Advance Auto Parts Inc (AAP), the #44 largest holding among components of the First Trust Morningstar Dividend Leaders Index Fund (FDL), shows 6 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $12,919,222 worth of AAP, which represents approximately 0.29% of the ETF's total assets at last check. The recent insider buying activity observed at AAP is detailed in the table below:
AAP — last trade: $67.97 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
06/07/2023 |
Jeffrey J. Jones II |
Director |
1,525 |
$65.94 |
$100,558 |
06/07/2023 |
Eugene I. Lee Jr. |
Director |
7,635 |
$65.51 |
$500,160 |
06/07/2023 |
John Francis Ferraro |
Director |
1,525 |
$65.56 |
$99,979 |
06/07/2023 |
Carla Jean Bailo |
Director |
500 |
$65.90 |
$32,950 |
06/12/2023 |
Douglas A. Pertz |
Director |
6,145 |
$65.44 |
$402,145 |
06/09/2023 |
Joan M. Hilson |
Director |
388 |
$64.26 |
$24,933 |