Ridgeline Wealth Planning LLC Takes $2.79 Million Position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Ridgeline Wealth Planning LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 93,004 shares of the company’s stock, valued at approximately $2,791,000. Franklin International Core Dividend Tilt Index ETF comprises approximately 2.7% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% during the third quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock worth $130,424,000 after purchasing an additional 255,340 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 20.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 550,250 shares of the company’s stock valued at $16,827,000 after buying an additional 94,142 shares during the period. TriaGen Wealth Management LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 4.3% during the 3rd quarter. TriaGen Wealth Management LLC now owns 491,761 shares of the company’s stock worth $16,307,000 after acquiring an additional 20,107 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 5.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 385,665 shares of the company’s stock valued at $11,574,000 after acquiring an additional 19,485 shares during the period. Finally, Flagship Harbor Advisors LLC grew its position in Franklin International Core Dividend Tilt Index ETF by 28.2% in the 4th quarter. Flagship Harbor Advisors LLC now owns 332,853 shares of the company’s stock valued at $9,989,000 after acquiring an additional 73,214 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of NYSEARCA:DIVI opened at $32.06 on Wednesday. The firm has a market capitalization of $795.09 million, a PE ratio of 13.10 and a beta of 0.80. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $29.51 and a 1 year high of $33.74. The firm’s 50-day moving average is $30.81 and its two-hundred day moving average is $31.54.

Franklin International Core Dividend Tilt Index ETF Company 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.