Thrivent Financial for Lutherans Invests $5.56 Million in Franklin International Core Dividend Tilt Index ETF $DIVI

Thrivent Financial for Lutherans purchased a new position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 142,970 shares of the company’s stock, valued at approximately $5,560,000.

Several other hedge funds have also recently bought and sold shares of DIVI. Allworth Financial LP boosted its position in Franklin International Core Dividend Tilt Index ETF by 1,013.5% during the fourth quarter. Allworth Financial LP now owns 3,630 shares of the company’s stock worth $141,000 after purchasing an additional 3,304 shares in the last quarter. CAP Partners LLC boosted its position in shares of Franklin International Core Dividend Tilt Index ETF by 34.5% in the 4th quarter. CAP Partners LLC now owns 29,655 shares of the company’s stock worth $1,153,000 after buying an additional 7,613 shares in the last quarter. Ridgeline Wealth Planning LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 22.0% in the 4th quarter. Ridgeline Wealth Planning LLC now owns 138,841 shares of the company’s stock valued at $5,400,000 after acquiring an additional 25,049 shares during the last quarter. Koshinski Asset Management Inc. increased its holdings in Franklin International Core Dividend Tilt Index ETF by 13.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 585,940 shares of the company’s stock valued at $22,787,000 after acquiring an additional 69,750 shares in the last quarter. Finally, Retirement Planning Group LLC raised its position in Franklin International Core Dividend Tilt Index ETF by 3.7% during the fourth quarter. Retirement Planning Group LLC now owns 4,964,122 shares of the company’s stock worth $193,055,000 after acquiring an additional 179,390 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of NYSEARCA DIVI opened at $43.04 on Friday. The firm’s 50-day moving average is $41.24 and its two-hundred day moving average is $40.37. The company has a market capitalization of $2.50 billion, a PE ratio of 14.82 and a beta of 0.69. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $34.03 and a 12-month high of $43.21.

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.