Oppenheimer & Co. Inc. Buys New Stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Oppenheimer & Co. Inc. purchased a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the fourth quarter, Holdings Channel.com reports. The firm purchased 59,617 shares of the company’s stock, valued at approximately $1,789,000.

Several other institutional investors and hedge funds have also made changes to their positions in DIVI. Raymond James & Associates boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 10.4% in the 3rd quarter. Raymond James & Associates now owns 97,304 shares of the company’s stock valued at $3,227,000 after buying an additional 9,177 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 5.1% in the third quarter. Janney Montgomery Scott LLC now owns 185,095 shares of the company’s stock valued at $6,138,000 after acquiring an additional 9,022 shares during the last quarter. Vickerman Investment Advisors Inc. boosted its stake in Franklin International Core Dividend Tilt Index ETF by 2.2% in the third quarter. Vickerman Investment Advisors Inc. now owns 296,935 shares of the company’s stock valued at $9,846,000 after acquiring an additional 6,422 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 31.8% during the third quarter. Harbour Investments Inc. now owns 70,165 shares of the company’s stock worth $2,327,000 after purchasing an additional 16,936 shares during the last quarter. Finally, Savvy Advisors Inc. increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 7.5% during the third quarter. Savvy Advisors Inc. now owns 9,858 shares of the company’s stock worth $327,000 after purchasing an additional 691 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Up 1.2 %

Shares of NYSEARCA DIVI opened at $32.72 on Tuesday. The business has a 50-day moving average price of $31.25 and a 200 day moving average price of $31.67. The stock has a market cap of $1.16 billion, a PE ratio of 15.15 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $29.51 and a 52-week 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.