Thoroughbred Financial Services LLC Lowers Stake in Franklin International Core Dividend Tilt Index ETF $DIVI

Thoroughbred Financial Services LLC cut its holdings in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 38.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 131,978 shares of the company’s stock after selling 83,709 shares during the period. Thoroughbred Financial Services LLC owned approximately 0.29% of Franklin International Core Dividend Tilt Index ETF worth $4,703,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its position in Franklin International Core Dividend Tilt Index ETF by 9.5% during the second quarter. Cetera Investment Advisers now owns 636,711 shares of the company’s stock worth $22,692,000 after acquiring an additional 55,277 shares during the period. Bank of New York Mellon Corp raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 46.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 261,023 shares of the company’s stock worth $9,303,000 after purchasing an additional 82,448 shares during the last quarter. Bank of Montreal Can lifted its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% in the 2nd quarter. Bank of Montreal Can now owns 6,773 shares of the company’s stock valued at $241,000 after buying an additional 438 shares in the last quarter. Atria Investments Inc purchased a new position in Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at about $220,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 41.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 210,825 shares of the company’s stock worth $7,514,000 after buying an additional 61,390 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.1%

NYSEARCA:DIVI opened at $38.34 on Friday. The stock has a 50 day moving average of $37.66 and a two-hundred day moving average of $36.29. The firm has a market cap of $1.93 billion, a P/E ratio of 14.82 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $28.70 and a 12 month high of $38.83.

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.