Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Position Boosted by Smart Money Group LLC

Smart Money Group LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 165,099 shares of the company’s stock after purchasing an additional 9,469 shares during the period. Franklin International Core Dividend Tilt Index ETF makes up approximately 2.2% of Smart Money Group LLC’s investment portfolio, making the stock its 13th largest holding. Smart Money Group LLC owned 1.15% of Franklin International Core Dividend Tilt Index ETF worth $5,075,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Private Trust Co. NA lifted its stake in Franklin International Core Dividend Tilt Index ETF by 19.0% during the fourth quarter. Private Trust Co. NA now owns 4,902 shares of the company’s stock valued at $151,000 after purchasing an additional 784 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth $250,000. Sowell Financial Services LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 19.6% during the third quarter. Sowell Financial Services LLC now owns 12,318 shares of the company’s stock valued at $344,000 after purchasing an additional 2,020 shares during the last quarter. Silverlake Wealth Management LLC increased its stake in Franklin International Core Dividend Tilt Index ETF by 23.4% in the 4th quarter. Silverlake Wealth Management LLC now owns 11,754 shares of the company’s stock worth $361,000 after purchasing an additional 2,228 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in Franklin International Core Dividend Tilt Index ETF by 81.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 15,867 shares of the company’s stock worth $443,000 after buying an additional 7,135 shares during the period.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of NYSEARCA:DIVI traded up $0.40 during mid-day trading on Thursday, hitting $31.56. The stock had a trading volume of 228,536 shares, compared to its average volume of 156,657. The company’s 50 day moving average is $31.62 and its 200-day moving average is $30.26. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $26.60 and a 12-month high of $32.33. The company has a market cap of $770.06 million, a PE ratio of 12.62 and a beta of 0.66.

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.