Franklin International Core Dividend Tilt Index ETF $DIVI Shares Bought by LPL Financial LLC

LPL Financial LLC raised its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,659,366 shares of the company’s stock after acquiring an additional 240,799 shares during the period. LPL Financial LLC owned 8.60% of Franklin International Core Dividend Tilt Index ETF worth $181,203,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DIVI. Bank of America Corp DE boosted its stake in Franklin International Core Dividend Tilt Index ETF by 138.4% in the second quarter. Bank of America Corp DE now owns 1,519,906 shares of the company’s stock valued at $54,169,000 after acquiring an additional 882,367 shares during the period. Franklin Resources Inc. boosted its stake in Franklin International Core Dividend Tilt Index ETF by 1,272.1% in the third quarter. Franklin Resources Inc. now owns 562,076 shares of the company’s stock valued at $20,971,000 after acquiring an additional 521,110 shares during the period. Orion Porfolio Solutions LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 801.0% in the second quarter. Orion Porfolio Solutions LLC now owns 413,451 shares of the company’s stock valued at $14,735,000 after acquiring an additional 367,565 shares during the period. Raymond James Financial Inc. boosted its position in shares of Franklin International Core Dividend Tilt Index ETF by 35.1% during the second quarter. Raymond James Financial Inc. now owns 752,548 shares of the company’s stock worth $26,821,000 after buying an additional 195,552 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the third quarter worth approximately $7,252,000.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.0%

Shares of NYSEARCA DIVI opened at $42.52 on Wednesday. The stock has a 50 day simple moving average of $42.16 and a 200-day simple moving average of $40.82. The company has a market cap of $2.47 billion, a PE ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $34.03 and a 12-month high of $43.53.

About Franklin International Core Dividend Tilt Index ETF

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.