Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 9.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 140,853 shares of the company’s stock after purchasing an additional 12,659 shares during the quarter. Private Advisor Group LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $4,403,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DIVI. Cape Investment Advisory Inc. acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 4th quarter worth $40,000. Advisory Services Network LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth about $179,000. Avantax Advisory Services Inc. purchased a new position in Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth about $227,000. Envestnet Portfolio Solutions Inc. acquired a new position in Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at about $267,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 1st quarter valued at approximately $308,000.

Franklin International Core Dividend Tilt Index ETF Stock Performance

DIVI stock opened at $32.15 on Wednesday. Franklin International Core Dividend Tilt Index ETF has a one year low of $26.60 and a one year high of $33.27. The firm has a market cap of $797.32 million, a PE ratio of 13.10 and a beta of 0.80. The firm’s 50 day moving average price is $32.02 and its 200-day moving average price is $31.97.

Franklin International Core Dividend Tilt Index ETF Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.