Franklin International Core Dividend Tilt Index ETF $DIVI Shares Bought by LMG Wealth Partners LLC

LMG Wealth Partners LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 2.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 249,684 shares of the company’s stock after acquiring an additional 5,647 shares during the period. Franklin International Core Dividend Tilt Index ETF comprises about 1.8% of LMG Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding. LMG Wealth Partners LLC owned approximately 0.55% of Franklin International Core Dividend Tilt Index ETF worth $8,899,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DIVI. Midwest Financial Group LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 43.2% during the first quarter. Midwest Financial Group LLC now owns 17,765 shares of the company’s stock valued at $579,000 after acquiring an additional 5,363 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 3.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 880,394 shares of the company’s stock valued at $28,692,000 after acquiring an additional 29,957 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 21.9% during the first quarter. Flagship Harbor Advisors LLC now owns 405,910 shares of the company’s stock valued at $13,229,000 after acquiring an additional 73,057 shares in the last quarter. Meridian Financial LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 4.2% during the first quarter. Meridian Financial LLC now owns 10,743 shares of the company’s stock valued at $350,000 after acquiring an additional 431 shares in the last quarter. Finally, Valley National Advisers Inc. acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the first quarter valued at about $49,000.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of DIVI stock opened at $37.77 on Monday. Franklin International Core Dividend Tilt Index ETF has a one year low of $28.70 and a one year high of $38.11. The company’s 50-day simple moving average is $37.16 and its 200-day simple moving average is $35.42. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 14.82 and a beta of 0.66.

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.