Lane Brothers & Co. Inc. Takes Position in Franklin International Core Dividend Tilt Index ETF $DIVI

Lane Brothers & Co. Inc. purchased a new stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 53,027 shares of the company’s stock, valued at approximately $2,062,000. Franklin International Core Dividend Tilt Index ETF accounts for about 1.5% of Lane Brothers & Co. Inc.’s investment portfolio, making the stock its 15th largest position.

A number of other large investors have also recently bought and sold shares of DIVI. Sunbelt Securities Inc. grew its position in Franklin International Core Dividend Tilt Index ETF by 677.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after purchasing an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in Franklin International Core Dividend Tilt Index ETF in the third quarter valued at $29,000. Fifth Third Bancorp purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter valued at about $32,000. Assetmark Inc. raised its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% in the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after buying an additional 855 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after buying an additional 250 shares during the period.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Franklin International Core Dividend Tilt Index ETF stock opened at $43.73 on Friday. The stock has a 50 day moving average of $42.66 and a two-hundred day moving average of $41.12. Franklin International Core Dividend Tilt Index ETF has a twelve month low of $34.03 and a twelve month high of $44.18. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68.

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.