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

Fortitude Financial LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 29,427 shares of the company’s stock, valued at approximately $1,255,000. Franklin International Core Dividend Tilt Index ETF makes up 0.6% of Fortitude Financial LLC’s investment portfolio, making the stock its 20th largest position.

Several other hedge funds have also recently added to or reduced their stakes in DIVI. First Bank & Trust lifted its position in Franklin International Core Dividend Tilt Index ETF by 18.4% in the 3rd quarter. First Bank & Trust now owns 48,847 shares of the company’s stock worth $2,084,000 after buying an additional 7,593 shares during the last quarter. IFP Advisors Inc boosted its stake in Franklin International Core Dividend Tilt Index ETF by 9.9% in the third quarter. IFP Advisors Inc now owns 6,357 shares of the company’s stock worth $271,000 after buying an additional 574 shares in the last quarter. HBW Advisory Services LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 2.1% in the third quarter. HBW Advisory Services LLC now owns 96,735 shares of the company’s stock worth $4,127,000 after buying an additional 1,982 shares in the last quarter. Mirador Capital Partners LP boosted its stake in Franklin International Core Dividend Tilt Index ETF by 3.3% in the third quarter. Mirador Capital Partners LP now owns 161,944 shares of the company’s stock worth $6,909,000 after buying an additional 5,144 shares in the last quarter. Finally, Titleist Asset Management LLC grew its position in Franklin International Core Dividend Tilt Index ETF by 1.4% during the third quarter. Titleist Asset Management LLC now owns 20,457 shares of the company’s stock valued at $873,000 after acquiring an additional 277 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

NYSEARCA DIVI traded down $0.32 on Monday, reaching $42.22. 178,280 shares of the company’s stock traded hands, compared to its average volume of 210,002. The stock has a market cap of $2.62 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 $36.79 and a 12 month high of $44.89. The stock has a 50-day simple moving average of $43.64 and a 200 day simple moving average of $42.99.

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.