Kelly Financial Services LLC cut its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI – Free Report) by 23.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,936 shares of the company’s stock after selling 13,525 shares during the period. Kelly Financial Services LLC owned approximately 0.08% of Franklin International Core Dividend Tilt Index ETF worth $1,709,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of 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 worth $54,169,000 after purchasing an additional 882,367 shares during the period. Franklin Resources Inc. lifted its position in Franklin International Core Dividend Tilt Index ETF by 1,272.1% during the third quarter. Franklin Resources Inc. now owns 562,076 shares of the company’s stock worth $20,971,000 after purchasing an additional 521,110 shares during the period. Orion Porfolio Solutions LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 801.0% during the second quarter. Orion Porfolio Solutions LLC now owns 413,451 shares of the company’s stock worth $14,735,000 after purchasing an additional 367,565 shares during the period. Retirement Planning Group LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% during the third quarter. Retirement Planning Group LLC now owns 4,784,732 shares of the company’s stock worth $178,518,000 after buying an additional 308,899 shares in the last quarter. Finally, CWM LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 31.3% during the third quarter. CWM LLC now owns 1,090,174 shares of the company’s stock worth $40,674,000 after buying an additional 259,683 shares in the last quarter.
Franklin International Core Dividend Tilt Index ETF Stock Down 2.0%
DIVI stock opened at $38.83 on Friday. The company’s 50-day moving average price is $41.11 and its two-hundred day moving average price is $39.21. The firm has a market cap of $2.10 billion, a P/E ratio of 14.82 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $28.70 and a 12 month high of $43.21.
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 MorningstarĀ® 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.
Further Reading
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