Thrivent Financial for Lutherans Invests $5.56 Million in Franklin International Core Dividend Tilt Index ETF $DIVI

Thrivent Financial for Lutherans bought a new stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 142,970 shares of the company’s stock, valued at approximately $5,560,000. Thrivent Financial for Lutherans owned approximately 0.26% of Franklin International Core Dividend Tilt Index ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DIVI. Bank of America Corp DE lifted its position 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 purchasing an additional 882,367 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 1,272.1% in the 3rd quarter. Franklin Resources Inc. now owns 562,076 shares of the company’s stock valued at $20,971,000 after buying an additional 521,110 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 801.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 413,451 shares of the company’s stock valued at $14,735,000 after buying an additional 367,565 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 35.1% in the second quarter. Raymond James Financial Inc. now owns 752,548 shares of the company’s stock valued at $26,821,000 after buying an additional 195,552 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Franklin International Core Dividend Tilt Index ETF during the third quarter worth $7,252,000.

Franklin International Core Dividend Tilt Index ETF Stock Performance

NYSEARCA:DIVI opened at $43.04 on Friday. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $34.03 and a 1 year high of $43.21. The stock has a fifty day moving average price of $41.24 and a two-hundred day moving average price of $40.37. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 14.82 and a beta of 0.69.

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.