PFG Advisors Increases Stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

PFG Advisors boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 44.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,522 shares of the company’s stock after acquiring an additional 6,923 shares during the quarter. PFG Advisors owned 0.09% of Franklin International Core Dividend Tilt Index ETF worth $676,000 at the end of the most recent reporting period.

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

Franklin International Core Dividend Tilt Index ETF Stock Up 1.7 %

Shares of NYSEARCA:DIVI opened at $33.41 on Friday. The stock has a market cap of $1.19 billion, a P/E 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. The business has a fifty day moving average of $31.80 and a two-hundred day moving average of $31.71.

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.