Franklin International Core Dividend Tilt Index ETF $DIVI Shares Purchased by Prepared Retirement Institute LLC

Prepared Retirement Institute LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 1.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 114,223 shares of the company’s stock after buying an additional 1,404 shares during the quarter. Franklin International Core Dividend Tilt Index ETF accounts for 2.4% of Prepared Retirement Institute LLC’s holdings, making the stock its 15th largest position. Prepared Retirement Institute LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $4,071,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Retirement Planning Group LLC grew its position in Franklin International Core Dividend Tilt Index ETF by 145.1% during the 1st quarter. Retirement Planning Group LLC now owns 4,259,032 shares of the company’s stock worth $138,802,000 after purchasing an additional 2,521,123 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 2.6% in the first quarter. LPL Financial LLC now owns 3,766,397 shares of the company’s stock valued at $122,747,000 after purchasing an additional 94,137 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 3.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 880,394 shares of the company’s stock valued at $28,692,000 after purchasing an additional 29,957 shares in the last quarter. Legacy Financial Advisors Inc. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 27.7% in the first quarter. Legacy Financial Advisors Inc. now owns 859,866 shares of the company’s stock valued at $28,023,000 after purchasing an additional 186,433 shares in the last quarter. Finally, Baron Wealth Management LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 93.8% in the second quarter. Baron Wealth Management LLC now owns 678,704 shares of the company’s stock valued at $24,189,000 after purchasing an additional 328,437 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Up 0.9%

DIVI opened at $37.07 on Monday. The stock has a fifty day moving average of $36.62 and a 200-day moving average of $34.97. The firm has a market capitalization of $1.72 billion, a P/E ratio of 14.82 and a beta of 0.66. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $28.70 and a 12-month high of $37.69.

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.