K. Michael Conaway bought First Asset Canadian Dividend Low Volatility Index ETF (TO: FDL)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 8 trades in First Asset Canadian Dividend Low Volatility Index ETF (FDL) since 2019, 4 purchases and 4 sales, worth an estimated $296K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: K. Michael Conaway bought $1,001 - $15,000 of First Asset Canadian Dividend Low Volatility Index ETF (TO: FDL) on October 10, 2019. Since that trade, FDL is up +131.17% against the S&P 500 up +173.55%, an outperformance of -42.38%.
Across these filings, K. Michael Conaway has been a balanced trader of FDL (a buy-to-sell ratio of 1.00). The most recent disclosed FDL transaction shown was dated February 26, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's FDL trades vs the price
FDL is up +131.17% since K. Michael Conaway bought on October 10, 2019, versus +173.55% for the S&P 500.
Performance since this trade
All K. Michael Conaway FDL trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
K. Michael Conaway & FDL trading FAQ
Is it legal for K. Michael Conaway to trade First Asset Canadian Dividend Low Volatility Index ETF (FDL) stock?
Yes. Members of Congress are allowed to trade individual stocks, including First Asset Canadian Dividend Low Volatility Index ETF (FDL), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did K. Michael Conaway buy FDL?
K. Michael Conaway disclosed a purchase of $1,001 - $15,000 of First Asset Canadian Dividend Low Volatility Index ETF (FDL) on October 10, 2019, according to public STOCK Act filings.
How has FDL performed since K. Michael Conaway's trade?
Since K. Michael Conaway bought FDL on October 10, 2019, the stock is up +131.17%, versus +173.55% for the S&P 500 over the same period, an outperformance of -42.38%.
How many times has K. Michael Conaway traded FDL?
K. Michael Conaway has disclosed 8 FDL trades since 2019 (4 purchases and 4 sales). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional FDL trades?
Quantellect tracks every disclosed congressional trade in First Asset Canadian Dividend Low Volatility Index ETF (FDL) on the First Asset Canadian Dividend Low Volatility Index ETF congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's FDL tradesAll congressional filings for First Asset Canadian Dividend Low Volatility Index ETFK. Michael Conaway's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.