Financial Advocates Investment Management lessened its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI – Free Report) by 37.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,620 shares of the company’s stock after selling 6,403 shares during the quarter. Financial Advocates Investment Management’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $319,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in Franklin International Core Dividend Tilt Index ETF during the 3rd quarter worth $8,610,000. LPL Financial LLC boosted its holdings in shares of 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 valued at $130,424,000 after acquiring an additional 255,340 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 51.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 280,251 shares of the company’s stock worth $8,410,000 after acquiring an additional 95,156 shares during the period. Sanctuary Advisors LLC increased 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 worth $16,827,000 after acquiring an additional 94,142 shares during the period. Finally, Retirement Planning Group LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 4.5% in the 3rd quarter. Retirement Planning Group LLC now owns 1,499,854 shares of the company’s stock valued at $49,735,000 after purchasing an additional 65,038 shares during the last quarter.
Franklin International Core Dividend Tilt Index ETF Trading Down 0.9 %
Shares of NYSEARCA DIVI opened at $31.65 on Monday. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $29.51 and a 12-month high of $33.74. The company has a market cap of $784.92 million, a PE ratio of 13.10 and a beta of 0.80. The stock has a 50 day simple moving average of $30.79 and a 200-day simple moving average of $31.53.
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 MorningstarĀ® 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.
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