Commonwealth Equity Services LLC Makes New $9.19 Million Investment in Franklin International Core Dividend Tilt Index ETF $DIVI

Commonwealth Equity Services LLC bought a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 215,396 shares of the company’s stock, valued at approximately $9,189,000.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 102.2% during the second quarter. Envestnet Asset Management Inc. now owns 756,101 shares of the company’s stock worth $32,301,000 after buying an additional 382,124 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at approximately $750,000. Bank of New York Mellon Corp lifted its stake in Franklin International Core Dividend Tilt Index ETF by 23.2% in the 1st quarter. Bank of New York Mellon Corp now owns 452,005 shares of the company’s stock valued at $17,994,000 after acquiring an additional 85,159 shares in the last quarter. Capital Analysts LLC boosted its position in Franklin International Core Dividend Tilt Index ETF by 1.2% during the 2nd quarter. Capital Analysts LLC now owns 1,619,997 shares of the company’s stock worth $69,207,000 after acquiring an additional 19,455 shares during the last quarter. Finally, RFG Advisory LLC boosted its position in Franklin International Core Dividend Tilt Index ETF by 323.8% during the 2nd quarter. RFG Advisory LLC now owns 157,947 shares of the company’s stock worth $6,747,000 after acquiring an additional 120,681 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Up 0.2%

NYSEARCA DIVI opened at $42.66 on Friday. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $36.79 and a 12-month high of $44.89. The company has a market capitalization of $2.65 billion, a PE ratio of 16.17 and a beta of 0.70. The firm’s 50 day moving average is $42.85 and its 200-day moving average is $42.53.

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.