A look at the weighted underlying holdings of the First Trust Morningstar Dividend Leaders Index Fund (FDL) shows an impressive 15.4% of holdings on a weighted basis have experienced insider buying within the past six months.

START SLIDESHOW:
10 ETFs With Stocks That Insiders Are Buying »

Tidewater Inc. ( TDW - Get Report), which makes up 0.06% of the First Trust Morningstar Dividend Leaders Index Fund (FDL), 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 $533,958 worth of TDW, making it the #98 largest holding. The table below details the recent insider buying activity observed at TDW:

TDW — last trade: $17.63 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
03/12/2015 Moulin Richard T. DU Director 5,000 $24.69 $123,450
03/06/2015 Quinn P. Fanning Executive Vice President & CFO 3,500 $25.78 $90,230