A look at the weighted underlying holdings of the First Trust Morningstar Dividend Leaders Index Fund (FDL) shows an impressive 12.1% of holdings on a weighted basis have experienced insider buying within the past six months.
New York Community Bancorp Inc. (Symbol: NYCB), which makes up 0.23% of the First Trust Morningstar Dividend Leaders Index Fund (FDL), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $3,875,401 worth of NYCB, making it the #55 largest holding. The table below details the recent insider buying activity observed at NYCB:
NYCB — last trade: $13.43 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 06/14/2021 | Lawrence J. Savarese | Director | 17,700 | $11.71 | $207,290 |
| 06/15/2021 | Hanif Dahya | Director | 20,000 | $11.91 | $238,194 |
| 06/14/2021 | Ronald A. Rosenfeld | Director | 20,000 | $11.58 | $231,600 |
| 08/10/2021 | Ronald A. Rosenfeld | Director | 20,000 | $12.35 | $247,000 |
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