Bank of America Corp DE Has $85.88 Million Position in Franklin International Core Dividend Tilt Index ETF $DIVI

Bank of America Corp DE raised its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 14.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,157,120 shares of the company’s stock after buying an additional 266,110 shares during the period. Bank of America Corp DE’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $85,875,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIVI. Sunbelt Securities Inc. boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 677.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after buying an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter valued at about $29,000. Johnson Financial Group Inc. acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the first quarter valued at about $33,000. Assetmark Inc. increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% in the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after acquiring an additional 855 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Franklin International Core Dividend Tilt Index ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after acquiring an additional 250 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

DIVI opened at $44.75 on Friday. The business’s 50-day simple moving average is $43.07 and its 200 day simple moving average is $42.06. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $36.11 and a 52-week high of $44.87. The firm has a market capitalization of $2.78 billion, a PE ratio of 14.82 and a beta of 0.68.

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.