Royal Fund Management LLC Buys 10,306 Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Royal Fund Management LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 16.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,514 shares of the company’s stock after buying an additional 10,306 shares during the quarter. Royal Fund Management LLC owned approximately 0.51% of Franklin International Core Dividend Tilt Index ETF worth $2,261,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its position in Franklin International Core Dividend Tilt Index ETF by 9.0% in the third quarter. LPL Financial LLC now owns 2,869,537 shares of the company’s stock worth $80,089,000 after purchasing an additional 238,098 shares during the last quarter. Mariner LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the 3rd quarter valued at about $4,591,000. Kestra Private Wealth Services LLC bought a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 3rd quarter valued at about $3,608,000. Mutual Advisors LLC purchased a new position in Franklin International Core Dividend Tilt Index ETF in the third quarter worth about $2,525,000. Finally, CWM LLC increased its stake in Franklin International Core Dividend Tilt Index ETF by 12.9% during the fourth quarter. CWM LLC now owns 719,569 shares of the company’s stock worth $22,120,000 after acquiring an additional 82,475 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of Franklin International Core Dividend Tilt Index ETF stock traded up $0.28 on Friday, reaching $31.84. The company had a trading volume of 75,964 shares, compared to its average volume of 155,718. The firm’s 50-day moving average price is $31.63 and its two-hundred day moving average price is $30.30. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $26.60 and a 1 year high of $32.33. The firm has a market cap of $789.63 million, a price-to-earnings ratio of 13.10 and a beta of 0.80.

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 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.