A look at the weighted underlying holdings of the Vanguard Materials ETF (Symbol: VAW) shows an impressive 13.7% of holdings on a weighted basis have experienced insider buying within the past six months.
FMC Corp. (Symbol: FMC), which makes up 1.14% 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 $57,422,681 worth of FMC, making it the #26 largest holding. The table below details the recent insider buying activity observed at FMC:
FMC — last trade: $110.70 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/24/2021 | Mark Douglas | President and CEO | 1,100 | $90.57 | $99,624 |
| 08/30/2021 | Carol Anthony Davidson | Director | 1,500 | $93.89 | $140,836 |
| 09/03/2021 | Andrew D. Sandifer | EVP and CFO | 1,260 | $96.97 | $122,182 |
And Louisiana-Pacific Corp (Symbol: LPX), the #40 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 $26,263,739 worth of LPX, which represents approximately 0.52% of the ETF’s total assets at last check. The recent insider buying activity observed at LPX is detailed in the table below:
LPX — last trade: $68.84 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 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 |
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