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

Private Advisor Group LLC trimmed its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 16.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 133,794 shares of the company’s stock after selling 27,107 shares during the period. Private Advisor Group LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $4,015,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Securities Inc. boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 9.5% during the 4th quarter. Principal Securities Inc. now owns 3,729 shares of the company’s stock valued at $112,000 after buying an additional 323 shares during the last quarter. Powers Advisory Group LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF in the fourth quarter valued at $213,000. FMR LLC grew its holdings in Franklin International Core Dividend Tilt Index ETF by 524.0% during the 3rd quarter. FMR LLC now owns 7,220 shares of the company’s stock worth $239,000 after acquiring an additional 6,063 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 3rd quarter worth about $317,000. Finally, JPMorgan Chase & Co. increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,827 shares of the company’s stock worth $326,000 after purchasing an additional 437 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.7 %

Shares of NYSEARCA DIVI opened at $32.40 on Monday. The stock has a market capitalization of $803.52 million, a P/E ratio of 13.10 and a beta of 0.80. The stock’s 50 day moving average price is $30.98 and its two-hundred day moving average price is $31.62. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $29.51 and a 52-week high of $33.74.

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.