A look at the weighted underlying holdings of the Morningstar Wide Moat ETF (Symbol: MOAT) shows an impressive 10.7% of holdings on a weighted basis have experienced insider buying within the past six months.
Union Pacific Corp (Symbol: UNP), which makes up 5.28% of the Morningstar Wide Moat ETF (Symbol: MOAT), 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 $34,319,785 worth of UNP, making it the #7 largest holding. The table below details the recent insider buying activity observed at UNP:
UNP - last trade: $80.00 - Recent Insider Buys:
|12/04/2015||Michael R. McCarthy||Director||50,000||$78.06||$3,903,240|
|02/25/2016||Andrew H. Card Jr.||Director||1,000||$78.98||$78,980|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.