33,969 Shares of Franklin U.S. Core Dividend Tilt Index ETF $UDIV Bought by IFP Advisors Inc

IFP Advisors Inc purchased a new stake in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 33,969 shares of the company’s stock, valued at approximately $2,079,000. IFP Advisors Inc owned approximately 1.31% of Franklin U.S. Core Dividend Tilt Index ETF as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. MCF Advisors LLC bought a new position in shares of Franklin U.S. Core Dividend Tilt Index ETF in the second quarter worth approximately $307,000. BAM Wealth Management LLC raised its stake in Franklin U.S. Core Dividend Tilt Index ETF by 32.1% in the second quarter. BAM Wealth Management LLC now owns 30,418 shares of the company’s stock valued at $1,828,000 after purchasing an additional 7,387 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Franklin U.S. Core Dividend Tilt Index ETF by 52.5% in the first quarter. Bank of New York Mellon Corp now owns 21,956 shares of the company’s stock valued at $1,133,000 after purchasing an additional 7,562 shares in the last quarter. Western Wealth Management LLC bought a new stake in Franklin U.S. Core Dividend Tilt Index ETF during the first quarter valued at approximately $74,000. Finally, Cetera Investment Advisers lifted its position in Franklin U.S. Core Dividend Tilt Index ETF by 3.7% during the first quarter. Cetera Investment Advisers now owns 54,361 shares of the company’s stock valued at $2,806,000 after purchasing an additional 1,961 shares during the last quarter.

Franklin U.S. Core Dividend Tilt Index ETF Price Performance

UDIV stock opened at $61.85 on Thursday. Franklin U.S. Core Dividend Tilt Index ETF has a one year low of $50.02 and a one year high of $68.06. The firm has a 50 day simple moving average of $61.67 and a two-hundred day simple moving average of $59.94. The stock has a market cap of $160.81 million, a PE ratio of 24.12 and a beta of 0.90.

About Franklin U.S. Core Dividend Tilt Index ETF

Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index. The index is based on the Morningstar® US Target Market Exposure Index (Parent 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.