MGO One Seven LLC Acquires New Shares in Franklin International Core Dividend Tilt Index ETF $DIVI

MGO One Seven LLC acquired a new position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,926 shares of the company’s stock, valued at approximately $850,000.

A number of other hedge funds have also made changes to their positions in DIVI. Envestnet Asset Management Inc. boosted its position in Franklin International Core Dividend Tilt Index ETF by 102.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 756,101 shares of the company’s stock worth $32,301,000 after purchasing an additional 382,124 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at $750,000. Capital Analysts LLC increased its holdings in Franklin International Core Dividend Tilt Index ETF by 1.2% in the 2nd quarter. Capital Analysts LLC now owns 1,619,997 shares of the company’s stock valued at $69,207,000 after purchasing an additional 19,455 shares in the last quarter. Bank of New York Mellon Corp raised its position in Franklin International Core Dividend Tilt Index ETF by 23.2% in the first quarter. Bank of New York Mellon Corp now owns 452,005 shares of the company’s stock valued at $17,994,000 after purchasing an additional 85,159 shares during the period. Finally, HBW Advisory Services LLC raised its position in Franklin International Core Dividend Tilt Index ETF by 27.3% in the first quarter. HBW Advisory Services LLC now owns 87,464 shares of the company’s stock valued at $3,482,000 after purchasing an additional 18,757 shares during the period.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.9%

Shares of DIVI traded down $0.38 during midday trading on Friday, reaching $41.75. 172,686 shares of the company were exchanged, compared to its average volume of 206,565. The stock has a 50-day moving average price of $43.00 and a 200-day moving average price of $42.48. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 14.82 and a beta of 0.70. Franklin International Core Dividend Tilt Index ETF has a 1-year low of $36.79 and a 1-year high of $44.89.

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.