Insiders Buy the Holdings of MDIV ETF

A look at the weighted underlying holdings of the Multi-Asset Diversified Income Index Fund (MDIV) shows an impressive 12.8% of holdings on a weighted basis have experienced insider buying within the past six months.

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Dorchester Minerals LP ( DMLP), which makes up 0.83% of the Multi-Asset Diversified Income Index Fund (MDIV), 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 $5,056,337 worth of DMLP, making it the #36 largest holding. The table below details the recent insider buying activity observed at DMLP:

DMLP — last trade: $27.21 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
12/18/2013 Buford P. Berry Director 2,000 $24.82 $49,640.00
02/05/2014 H. C. Allen Jr. Chief Financial Officer 2,000 $24.31 $48,624.95

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