RFG Advisory LLC Grows Position in Franklin International Core Dividend Tilt Index ETF $DIVI

RFG Advisory LLC lifted its stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 323.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,947 shares of the company’s stock after buying an additional 120,681 shares during the period. RFG Advisory LLC owned approximately 0.25% of Franklin International Core Dividend Tilt Index ETF worth $6,747,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DIVI. Retirement Planning Group LLC increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 14.0% in the first quarter. Retirement Planning Group LLC now owns 5,659,717 shares of the company’s stock valued at $225,313,000 after purchasing an additional 695,595 shares during the period. LPL Financial LLC increased its holdings in Franklin International Core Dividend Tilt Index ETF by 5.4% in the 4th quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock worth $181,203,000 after buying an additional 240,799 shares during the period. Bank of America Corp DE raised its position in Franklin International Core Dividend Tilt Index ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 2,157,120 shares of the company’s stock worth $85,875,000 after buying an additional 266,110 shares during the last quarter. Capital Analysts LLC raised its position in Franklin International Core Dividend Tilt Index ETF by 1.7% during the 4th quarter. Capital Analysts LLC now owns 1,436,571 shares of the company’s stock worth $55,868,000 after buying an additional 23,804 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 12.6% during the 2nd quarter. NewEdge Advisors LLC now owns 876,397 shares of the company’s stock valued at $37,440,000 after acquiring an additional 98,345 shares during the period.

Franklin International Core Dividend Tilt Index ETF Price Performance

NYSEARCA:DIVI opened at $44.38 on Wednesday. The company’s fifty day moving average price is $43.69 and its 200-day moving average price is $42.52. Franklin International Core Dividend Tilt Index ETF has a 1-year low of $36.59 and a 1-year high of $44.89. The firm has a market capitalization of $2.76 billion, a P/E 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.