Professional Financial Advisors LLC Makes New Investment in Franklin International Core Dividend Tilt Index ETF $DIVI

Professional Financial Advisors LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,946 shares of the company’s stock, valued at approximately $809,000.

A number of other hedge funds have also modified their holdings of the company. CWM LLC lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 14.2% in the fourth quarter. CWM LLC now owns 1,244,471 shares of the company’s stock valued at $48,397,000 after acquiring an additional 154,297 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 160.4% in the 4th quarter. D.A. Davidson & CO. now owns 32,374 shares of the company’s stock worth $1,259,000 after purchasing an additional 19,942 shares in the last quarter. Retirement Planning Group LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 3.7% in the 4th quarter. Retirement Planning Group LLC now owns 4,964,122 shares of the company’s stock worth $193,055,000 after purchasing an additional 179,390 shares during the period. Thrivent Financial for Lutherans bought a new position in Franklin International Core Dividend Tilt Index ETF in the 4th quarter worth approximately $5,560,000. Finally, Bank of New York Mellon Corp grew its holdings in Franklin International Core Dividend Tilt Index ETF by 23.2% during 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 buying an additional 85,159 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

DIVI opened at $44.75 on Monday. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. The company has a fifty day moving average of $43.07 and a 200 day moving average of $42.07. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $36.11 and a fifty-two week high of $44.87.

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.