Koshinski Asset Management Inc. Has $333,000 Stake in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV)

Koshinski Asset Management Inc. boosted its stake in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) by 47.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,010 shares of the company’s stock after purchasing an additional 2,915 shares during the period. Koshinski Asset Management Inc. owned about 1.39% of Franklin U.S. Core Dividend Tilt Index ETF worth $333,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. UBS Group AG acquired a new stake in Franklin U.S. Core Dividend Tilt Index ETF in the fourth quarter valued at $93,000. Bank of America Corp DE acquired a new stake in Franklin U.S. Core Dividend Tilt Index ETF during the 4th quarter worth about $137,000. JPMorgan Chase & Co. acquired a new stake in Franklin U.S. Core Dividend Tilt Index ETF during the 2nd quarter worth about $214,000. Jane Street Group LLC acquired a new stake in Franklin U.S. Core Dividend Tilt Index ETF during the 4th quarter worth about $301,000. Finally, Bank of New York Mellon Corp acquired a new stake in Franklin U.S. Core Dividend Tilt Index ETF during the 2nd quarter worth about $588,000.

Franklin U.S. Core Dividend Tilt Index ETF Trading Down 1.1 %

Shares of Franklin U.S. Core Dividend Tilt Index ETF stock opened at $38.88 on Tuesday. The business has a 50-day moving average price of $39.35 and a two-hundred day moving average price of $36.72. Franklin U.S. Core Dividend Tilt Index ETF has a 1-year low of $31.55 and a 1-year high of $40.39. The company has a market cap of $60.27 million, a P/E ratio of 22.66 and a beta of 1.00.

Franklin U.S. Core Dividend Tilt Index ETF Profile

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.