LPL Financial LLC Has $110.21 Million Position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

LPL Financial LLC trimmed its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 6.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,672,260 shares of the company’s stock after selling 260,905 shares during the quarter. LPL Financial LLC owned about 14.81% of Franklin International Core Dividend Tilt Index ETF worth $110,205,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DIVI. Thrivent Financial for Lutherans bought a new position in Franklin International Core Dividend Tilt Index ETF in the 4th quarter valued at $1,304,000. Harbour Investments Inc. lifted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 37.2% during the fourth quarter. Harbour Investments Inc. now owns 96,290 shares of the company’s stock valued at $2,890,000 after acquiring an additional 26,125 shares during the period. Wintrust Investments LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 30.3% in the fourth quarter. Wintrust Investments LLC now owns 2,205 shares of the company’s stock valued at $66,000 after acquiring an additional 513 shares during the last quarter. Avantax Advisory Services Inc. increased its position in Franklin International Core Dividend Tilt Index ETF by 19.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 18,193 shares of the company’s stock worth $546,000 after purchasing an additional 2,932 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new stake in Franklin International Core Dividend Tilt Index ETF during the 4th quarter worth about $60,000.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.5 %

Franklin International Core Dividend Tilt Index ETF stock opened at $33.51 on Wednesday. The company has a market cap of $1.25 billion, a PE ratio of 15.58 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $29.51 and a 1 year high of $34.01. The company’s 50-day moving average is $32.29 and its two-hundred day moving average is $31.73.

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.