iShares Select Dividend ETF -- Insider Buying Index Registering 12.1%

A look at the weighted underlying holdings of the iShares Select Dividend ETF (Symbol: DVY) shows an impressive 12.1% of holdings on a weighted basis have experienced insider buying within the past six months.

Macy's Inc (Symbol: M), which makes up 0.83% of the iShares Select Dividend ETF (Symbol: DVY), 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 $140,500,425 worth of M, making it the #64 largest holding. The table below details the recent insider buying activity observed at M:

M — last trade: $21.01 — Recent Insider Buys:

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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