Cetera Investment Advisers Raises Stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Cetera Investment Advisers increased its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 17.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 406,853 shares of the company’s stock after buying an additional 60,141 shares during the period. Cetera Investment Advisers’ holdings in Franklin International Core Dividend Tilt Index ETF were worth $12,718,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIVI. Northwestern Mutual Wealth Management Co. grew its stake in Franklin International Core Dividend Tilt Index ETF by 30.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 244,687 shares of the company’s stock worth $7,649,000 after acquiring an additional 56,788 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 7.5% in the 2nd quarter. NewEdge Advisors LLC now owns 793,809 shares of the company’s stock worth $24,814,000 after buying an additional 55,085 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 169,060 shares of the company’s stock worth $5,285,000 after buying an additional 26,205 shares during the period. Thoroughbred Financial Services LLC raised its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 33.4% in the second quarter. Thoroughbred Financial Services LLC now owns 199,706 shares of the company’s stock valued at $6,242,000 after acquiring an additional 49,963 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 3.1% in the second quarter. LPL Financial LLC now owns 3,677,825 shares of the company’s stock worth $114,969,000 after acquiring an additional 110,738 shares during the period.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of Franklin International Core Dividend Tilt Index ETF stock opened at $32.75 on Friday. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $26.60 and a 1 year high of $33.74. The stock has a market cap of $812.20 million, a price-to-earnings ratio of 13.10 and a beta of 0.80. The firm’s 50-day moving average is $32.31 and its two-hundred day moving average is $32.10.

About Franklin International Core Dividend Tilt Index ETF

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.