A look at the weighted underlying holdings of the Vanguard Materials ETF (Symbol: VAW) shows an impressive 13.6% of holdings on a weighted basis have experienced insider buying within the past six months.
Louisiana-Pacific Corp (Symbol: LPX), which makes up 0.56% of the Vanguard Materials ETF (Symbol: VAW), 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 $29,040,016 worth of LPX, making it the #38 largest holding. The table below details the recent insider buying activity observed at LPX:
LPX — last trade: $78.88 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/05/2021 | Alan Haughie | EVP, CFO | 12,470 | $55.94 | $697,556 |
| 08/09/2021 | Stephen E. Macadam | Director | 1,850 | $56.24 | $104,052 |
| 11/17/2021 | William Bradley Southern | Chief Executive Officer | 5,350 | $67.24 | $359,734 |
And Orion Engineered Carbons SA (Symbol: OEC), the #89 largest holding among components of the Vanguard Materials ETF (Symbol: VAW), shows 2 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $4,283,286 worth of OEC, which represents approximately 0.08% of the ETF’s total assets at last check. The recent insider buying activity observed at OEC is detailed in the table below:
OEC — last trade: $18.09 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/16/2021 | Corning F. Painter | Chief Executive Officer | 30,000 | $17.20 | $516,000 |
| 11/10/2021 | Robert G. Hrivnak | CAO and Interim CFO | 2,500 | $20.07 | $50,166 |
| 11/30/2021 | Corning F. Painter | Chief Executive Officer | 30,000 | $17.39 | $521,700 |
10 ETFs With Stocks That Insiders Are Buying »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
www.nasdaq.com