PFG Advisors Raises Position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

PFG Advisors increased its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 44.4% during the 4th quarter, HoldingsChannel reports. The fund owned 22,522 shares of the company’s stock after acquiring an additional 6,923 shares during the quarter. PFG Advisors’ holdings in Franklin International Core Dividend Tilt Index ETF were worth $676,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DIVI. Raymond James Financial Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth about $13,692,000. LPL Financial LLC raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% during the 3rd 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 during the period. BCGM Wealth Management LLC acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the 4th quarter worth approximately $7,165,000. Janney Montgomery Scott LLC raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 51.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 280,251 shares of the company’s stock worth $8,410,000 after purchasing an additional 95,156 shares during the period. Finally, Sanctuary Advisors LLC raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 20.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 550,250 shares of the company’s stock worth $16,827,000 after purchasing an additional 94,142 shares during the period.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of DIVI stock opened at $33.41 on Friday. The business has a 50 day simple moving average of $31.80 and a 200 day simple moving average of $31.71. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 15.15 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $29.51 and a 12-month high of $33.74.

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.